2024 TRY to FJD Historical Review

YEARLY HIGH

0.0750 FJD

YEARLY LOW

0.0638 FJD

YEARLY AVERAGE

0.0685 FJD

2024 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0750. Conversely, the yearly low was recorded on September 30, dropping to 0.0638.

This high-to-low spread represents a total annual volatility of 0.0112 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0742 to the December average rate of 0.0659, the exchange rate registered a net change of -11.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0750 was down 36.85% compared to the 2023 peak of 0.1188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 3,752 FJD

2023 Average 4,822 FJD

Yearly Trough Low 3,191 FJD

Transaction Impact: A difference of 561.75 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0752

0.0639

JanuMarcMayJulySeptNove

TRY to FJD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0711, compared to 0.0660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0711

H2 Avg (Jul–Dec) 0.0660

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0037 FJD (High: 0.0682 / Low: 0.0645). On the other end, April was the most stable month, with a tight range of 0.0011 FJD (High: 0.0705 / Low: 0.0694).

August Spread (Volatile) ±0.0037

April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0742) against the same month in 2023 (average: 0.1160), the exchange rate shifted by -0.0418 (-36.00%).

2024 Avg (January) 0.0742

2023 Avg (January) 0.1160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0750	0.0735	0.0742
February	0.0738	0.0719	0.0730
March	0.0717	0.0694	0.0702
April	0.0705	0.0694	0.0700
May	0.0705	0.0691	0.0699
June	0.0702	0.0679	0.0690
July	0.0696	0.0671	0.0682
August	0.0682	0.0645	0.0662
September	0.0659	0.0638	0.0648
October	0.0665	0.0641	0.0652
November	0.0666	0.0652	0.0658
December	0.0664	0.0652	0.0659