YEARLY HIGH
0.0788 TRY
YEARLY LOW
0.0688 TRY
YEARLY AVERAGE
0.0729 TRY

2019 AFN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.0788. Conversely, the yearly low was recorded on January 31, dropping to 0.0688.

This high-to-low spread represents a total annual volatility of 0.0100 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0710 to the December average rate of 0.0746, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0788 was down 17.51% compared to the 2018 peak of 0.0956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 394 TRY
2018 Average 333 TRY
Yearly Trough Low 344 TRY
Transaction Impact: A difference of 50.06 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0771
0.0698
JanuMarcMayJulySeptNove

AFN to TRY 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 0.0730, compared to 0.0729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0730
H2 Avg (Jul–Dec) 0.0729

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0061 TRY (High: 0.0754 / Low: 0.0693). On the other end, November was the most stable month, with a tight range of 0.0010 TRY (High: 0.0738 / Low: 0.0728).

August Spread (Volatile) ±0.0061
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0765) against the same month in 2018 (average: 0.0623), the exchange rate shifted by +0.0142 (+22.73%).

2019 Avg (May) 0.0765
2018 Avg (May) 0.0623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0732 0.0688 0.0710
February 0.0715 0.0693 0.0704
March 0.0764 0.0708 0.0727
April 0.0769 0.0726 0.0747
May 0.0788 0.0736 0.0765
June 0.0741 0.0704 0.0725
July 0.0717 0.0692 0.0706
August 0.0754 0.0693 0.0719
September 0.0749 0.0720 0.0730
October 0.0759 0.0727 0.0740
November 0.0738 0.0728 0.0733
December 0.0764 0.0729 0.0746