YEARLY HIGH
2.0063 DKK
YEARLY LOW
1.5764 DKK
YEARLY AVERAGE
1.8115 DKK

2017 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.0063. Conversely, the yearly low was recorded on November 24, dropping to 1.5764.

This high-to-low spread represents a total annual volatility of 0.4299 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8706 to the December average rate of 1.6376, the exchange rate registered a net change of -12.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0063 was down 14.83% compared to the 2016 peak of 2.3555, 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 100,313 DKK
2016 Average 111,520 DKK
Yearly Trough Low 78,819 DKK
Transaction Impact: A difference of 21,494.72 DKK purely based on transaction execution date.

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1.9367
1.6002
JanuMarcMayJulySeptNove

TRY to DKK 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 1.8905, compared to 1.7325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1580 points.

H1 Avg (Jan–Jun) 1.8905
H2 Avg (Jul–Dec) 1.7325

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2128 DKK (High: 2.0063 / Low: 1.7935). On the other end, August was the most stable month, with a tight range of 0.0473 DKK (High: 1.8150 / Low: 1.7677).

January Spread (Volatile) Âą0.2128
August Spread (Stable) Âą0.0473

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0934 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.8706) against the same month in 2016 (average: 2.2884), the exchange rate shifted by -0.4178 (-18.26%).

2017 Avg (January) 1.8706
2016 Avg (January) 2.2884

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Month High Low Average
January 2.0063 1.7935 1.8706
February 1.9676 1.8304 1.9086
March 1.9322 1.8586 1.8934
April 1.9283 1.8794 1.9024
May 1.9322 1.8480 1.8859
June 1.9008 1.8439 1.8819
July 1.8496 1.7878 1.8132
August 1.8150 1.7677 1.7946
September 1.8293 1.7677 1.7996
October 1.7777 1.6742 1.7217
November 1.6796 1.5764 1.6282
December 1.6508 1.5981 1.6376