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2017 TRY to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 9.2079. Conversely, the yearly low was recorded on November 28, dropping to 7.5636.
This high-to-low spread represents a total annual volatility of 1.6443 TWD. From a start-to-finish perspective, comparing the January average rate of 8.4850 to the December average rate of 7.8038, the exchange rate registered a net change of -8.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 9.2079 was down 20.17% compared to the 2016 peak of 11.5342, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to TWD 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 8.4395, compared to 8.2719 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.1676 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.0861 TWD (High: 9.2079 / Low: 8.1218). On the other end, June was the most stable month, with a tight range of 0.1726 TWD (High: 8.6696 / Low: 8.4970).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 8.4850) against the same month in 2016 (average: 11.1401), the exchange rate shifted by -2.6551 (-23.83%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 9.2079 | 8.1218 | 8.4850 |
| February | 8.6113 | 8.2942 | 8.4306 |
| March | 8.4560 | 8.2187 | 8.3484 |
| April | 8.5067 | 8.1942 | 8.3266 |
| May | 8.5318 | 8.3364 | 8.4472 |
| June | 8.6696 | 8.4970 | 8.5995 |
| July | 8.6457 | 8.4453 | 8.5570 |
| August | 8.7696 | 8.5333 | 8.6278 |
| September | 8.8267 | 8.4682 | 8.6831 |
| October | 8.5339 | 7.9139 | 8.2270 |
| November | 7.9410 | 7.5636 | 7.7328 |
| December | 7.8954 | 7.6418 | 7.8038 |