2017 THB āĻĨā§āĻā§ TRY-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2017 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2017 THB to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the THB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1217. Conversely, the yearly low was recorded on January 1, dropping to 0.0985.
This high-to-low spread represents a total annual volatility of 0.0233 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1056 to the December average rate of 0.1176, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.1217 was up 22.83% compared to the 2016 peak of 0.0991, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2017 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
THB to TRY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 0.1047, compared to 0.1104 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0056 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.0116 TRY (High: 0.1100 / Low: 0.0985). On the other end, June was the most stable month, with a tight range of 0.0014 TRY (High: 0.1043 / Low: 0.1030).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 0.1183) against the same month in 2016 (average: 0.0932), the exchange rate shifted by +0.0251 (+26.97%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1100 | 0.0985 | 0.1056 |
| February | 0.1074 | 0.1021 | 0.1046 |
| March | 0.1066 | 0.1040 | 0.1053 |
| April | 0.1080 | 0.1023 | 0.1059 |
| May | 0.1052 | 0.1021 | 0.1036 |
| June | 0.1043 | 0.1030 | 0.1035 |
| July | 0.1067 | 0.1037 | 0.1055 |
| August | 0.1065 | 0.1034 | 0.1055 |
| September | 0.1075 | 0.1029 | 0.1047 |
| October | 0.1149 | 0.1068 | 0.1108 |
| November | 0.1217 | 0.1149 | 0.1183 |
| December | 0.1203 | 0.1155 | 0.1176 |