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2017 TRY to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 14.0290. Conversely, the yearly low was recorded on January 11, dropping to 11.9410.
This high-to-low spread represents a total annual volatility of 2.0880 DOP. From a start-to-finish perspective, comparing the January average rate of 12.4385 to the December average rate of 12.5880, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 14.0290 was down 14.32% compared to the 2016 peak of 16.3729, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to DOP 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 12.9454, compared to 13.0448 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0994 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.3084 DOP (High: 13.2495 / Low: 11.9410). On the other end, May was the most stable month, with a tight range of 0.3254 DOP (High: 13.3950 / Low: 13.0696).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7000 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 13.6522) against the same month in 2016 (average: 15.5331), the exchange rate shifted by -1.8809 (-12.11%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 13.2495 | 11.9410 | 12.4385 |
| February | 13.1848 | 12.3875 | 12.7939 |
| March | 13.1825 | 12.4470 | 12.8255 |
| April | 13.3571 | 12.6854 | 12.9438 |
| May | 13.3950 | 13.0696 | 13.2451 |
| June | 13.6170 | 13.2515 | 13.4254 |
| July | 13.4769 | 12.9993 | 13.2878 |
| August | 13.8397 | 13.2691 | 13.4552 |
| September | 14.0290 | 13.1890 | 13.6522 |
| October | 13.4618 | 12.5593 | 12.9523 |
| November | 12.6293 | 12.0016 | 12.3332 |
| December | 12.8079 | 12.2643 | 12.5880 |