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2016 TRY to BYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TRY to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 7525.3034. Conversely, the yearly low was recorded on December 4, dropping to 5657.0289.
This high-to-low spread represents a total annual volatility of 1868.2745 BYR. From a start-to-finish perspective, comparing the January average rate of 6615.8315 to the December average rate of 5716.6669, the exchange rate registered a net change of -13.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 7525.3034 was up 15.30% compared to the 2015 peak of 6526.9416, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to BYR 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 6932.5135, compared to 6430.4776 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 502.0359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 1049.6929 BYR (High: 7218.7246 / Low: 6169.0317). On the other end, September was the most stable month, with a tight range of 160.4886 BYR (High: 6839.4518 / Low: 6678.9632).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 434.2287 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 7359.4192) against the same month in 2015 (average: 6171.1957), the exchange rate shifted by +1188.2235 (+19.25%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 7218.7246 | 6169.0317 | 6615.8315 |
| February | 7525.3034 | 7173.7185 | 7359.4192 |
| March | 7338.4448 | 7024.1444 | 7162.0890 |
| April | 7135.7583 | 6876.6760 | 7004.9995 |
| May | 6867.6438 | 6484.4242 | 6618.9973 |
| June | 6956.1628 | 6738.9166 | 6833.7444 |
| July | 6944.9273 | 6521.9253 | 6746.9270 |
| August | 6851.2049 | 6652.8657 | 6764.4749 |
| September | 6839.4518 | 6678.9632 | 6748.8894 |
| October | 6673.8572 | 6441.1105 | 6520.0681 |
| November | 6435.0318 | 5800.3607 | 6085.8394 |
| December | 5872.1858 | 5657.0289 | 5716.6669 |