2017 TRY āĻĨā§āĻā§ AFN-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2017 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2017 TRY to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 20.1215. Conversely, the yearly low was recorded on January 11, dropping to 17.1520.
This high-to-low spread represents a total annual volatility of 2.9696 AFN. From a start-to-finish perspective, comparing the January average rate of 17.8461 to the December average rate of 18.0374, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 20.1215 was down 17.73% compared to the 2016 peak of 24.4568, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2017 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
TRY to AFN 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 18.5256, compared to 18.7860 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.2605 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.8460 AFN (High: 18.9980 / Low: 17.1520). On the other end, June was the most stable month, with a tight range of 0.3759 AFN (High: 19.5190 / Low: 19.1431).
Growth Streaks & Declines
TrendsBetween March and June, 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 September and October, when the average rate fell by 1.1925 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 19.7590) against the same month in 2016 (average: 22.4690), the exchange rate shifted by -2.7100 (-12.06%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.9980 | 17.1520 | 17.8461 |
| February | 18.7036 | 17.7040 | 18.2482 |
| March | 18.5249 | 17.6517 | 18.1645 |
| April | 19.0930 | 18.0757 | 18.4826 |
| May | 19.3345 | 18.7156 | 19.0607 |
| June | 19.5190 | 19.1431 | 19.3513 |
| July | 19.4242 | 18.8620 | 19.1950 |
| August | 19.9541 | 19.2443 | 19.5206 |
| September | 20.1215 | 19.1806 | 19.7590 |
| October | 19.2075 | 17.8867 | 18.5665 |
| November | 18.0426 | 17.2734 | 17.6377 |
| December | 18.4476 | 17.5308 | 18.0374 |