YEARLY HIGH
0.0034 TRY
YEARLY LOW
0.0029 TRY
YEARLY AVERAGE
0.0031 TRY

2019 BIF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.0034. Conversely, the yearly low was recorded on February 2, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0005 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0031, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0034 was down 14.06% compared to the 2018 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 TRY
2018 Average 14 TRY
Yearly Trough Low 14 TRY
Transaction Impact: A difference of 2.52 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0033
0.0029
JanuMarcMayJulySeptNove

BIF 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 0.0031, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0003 TRY (High: 0.0032 / Low: 0.0029). On the other end, November was the most stable month, with a tight range of 0.0000 TRY (High: 0.0031 / Low: 0.0030).

March Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0033) against the same month in 2018 (average: 0.0025), the exchange rate shifted by +0.0008 (+31.48%).

2019 Avg (May) 0.0033
2018 Avg (May) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0029 0.0030
February 0.0030 0.0029 0.0029
March 0.0032 0.0029 0.0030
April 0.0033 0.0030 0.0032
May 0.0034 0.0032 0.0033
June 0.0032 0.0031 0.0032
July 0.0031 0.0030 0.0031
August 0.0032 0.0030 0.0031
September 0.0032 0.0030 0.0031
October 0.0032 0.0031 0.0031
November 0.0031 0.0030 0.0031
December 0.0032 0.0031 0.0031