2017 TRY āĻĨā§āĻā§ MRO-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2017 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2017 TRY to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 107.2920. Conversely, the yearly low was recorded on November 25, dropping to 89.1808.
This high-to-low spread represents a total annual volatility of 18.1113 MRO. From a start-to-finish perspective, comparing the January average rate of 95.8977 to the December average rate of 92.5730, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 107.2920 was down 14.18% compared to the 2016 peak of 125.0190, 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 MRO 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 98.9663, compared to 98.7577 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.2086 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 10.0792 MRO (High: 102.1211 / Low: 92.0419). On the other end, May was the most stable month, with a tight range of 2.5031 MRO (High: 102.1029 / Low: 99.5998).
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 7.1158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 105.2898) against the same month in 2016 (average: 119.9231), the exchange rate shifted by -14.6333 (-12.20%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 102.1211 | 92.0419 | 95.8977 |
| February | 100.5296 | 95.4154 | 98.0574 |
| March | 99.9195 | 95.1538 | 97.8392 |
| April | 101.6977 | 96.7965 | 98.7102 |
| May | 102.1029 | 99.5998 | 100.9098 |
| June | 103.8971 | 101.0932 | 102.3834 |
| July | 103.0680 | 99.3322 | 101.6668 |
| August | 106.1626 | 102.1771 | 103.6697 |
| September | 107.2920 | 101.9239 | 105.2898 |
| October | 102.9778 | 93.0485 | 98.1740 |
| November | 93.3568 | 89.1808 | 91.1728 |
| December | 94.0513 | 90.4975 | 92.5730 |