YEARLY HIGH
24.6896 CVE
YEARLY LOW
13.9761 CVE
YEARLY AVERAGE
19.8956 CVE

2018 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 24.6896. Conversely, the yearly low was recorded on August 12, dropping to 13.9761.

This high-to-low spread represents a total annual volatility of 10.7135 CVE. From a start-to-finish perspective, comparing the January average rate of 24.0787 to the December average rate of 18.2972, the exchange rate registered a net change of -24.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 24.6896 was down 16.56% compared to the 2017 peak of 29.5881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,234,481 CVE
2017 Average 1,346,511 CVE
Yearly Trough Low 698,807 CVE
Transaction Impact: A difference of 535,674.11 CVE purely based on transaction execution date.

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24.9838
14.1235
JanuMarcMayJulySeptNove

TRY to CVE 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 22.4344, compared to 17.3567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0778 points.

H1 Avg (Jan–Jun) 22.4344
H2 Avg (Jul–Dec) 17.3567

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 5.0666 CVE (High: 19.0427 / Low: 13.9761). On the other end, February was the most stable month, with a tight range of 0.3527 CVE (High: 23.8624 / Low: 23.5097).

August Spread (Volatile) Âą5.0666
February Spread (Stable) Âą0.3527

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 3.5647 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.5647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 24.0787) against the same month in 2017 (average: 27.7927), the exchange rate shifted by -3.7139 (-13.36%).

2018 Avg (January) 24.0787
2017 Avg (January) 27.7927

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Month High Low Average
January 24.6896 23.5507 24.0787
February 23.8624 23.5097 23.6811
March 23.8206 22.3240 23.0565
April 22.7209 21.5896 22.2061
May 22.3695 19.8236 21.1147
June 20.9952 19.6698 20.4695
July 20.7330 19.2090 19.8315
August 19.0427 13.9761 16.2668
September 15.7602 14.3094 15.0285
October 17.8226 15.5210 16.5850
November 18.8052 17.5936 18.1310
December 18.6954 18.1214 18.2972