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2017 TRY to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6606.1364. Conversely, the yearly low was recorded on November 26, dropping to 5196.7689.
This high-to-low spread represents a total annual volatility of 1409.3675 STD. From a start-to-finish perspective, comparing the January average rate of 6172.1223 to the December average rate of 5389.2538, the exchange rate registered a net change of -12.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 6606.1364 was down 14.49% compared to the 2016 peak of 7725.5091, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to STD 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 6233.1132, compared to 5702.9335 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 530.1797 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 695.7444 STD (High: 6606.1364 / Low: 5910.3920). On the other end, August was the most stable month, with a tight range of 167.1887 STD (High: 6012.5021 / Low: 5845.3134).
Growth Streaks & Declines
TrendsNo 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 317.4002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 6172.1223) against the same month in 2016 (average: 7510.7864), the exchange rate shifted by -1338.6641 (-17.82%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 6606.1364 | 5910.3920 | 6172.1223 |
| February | 6507.7839 | 6049.7902 | 6288.9103 |
| March | 6359.3943 | 6098.5341 | 6241.0449 |
| April | 6351.2698 | 6180.7283 | 6271.3489 |
| May | 6425.3938 | 6090.2882 | 6221.0694 |
| June | 6272.2216 | 6099.1199 | 6204.1835 |
| July | 6094.4983 | 5888.7593 | 5979.3238 |
| August | 6012.5021 | 5845.3134 | 5916.1000 |
| September | 6019.5981 | 5808.5588 | 5926.2853 |
| October | 5849.0864 | 5479.2176 | 5662.0192 |
| November | 5500.8963 | 5196.7689 | 5344.6191 |
| December | 5449.1767 | 5250.8614 | 5389.2538 |