YEARLY HIGH
2.9678 VEF
YEARLY LOW
2.5265 VEF
YEARLY AVERAGE
2.7729 VEF

2017 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.9678. Conversely, the yearly low was recorded on November 26, dropping to 2.5265.

This high-to-low spread represents a total annual volatility of 0.4413 VEF. From a start-to-finish perspective, comparing the January average rate of 2.6706 to the December average rate of 2.6842, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9678 was down 16.80% compared to the 2016 peak of 3.5671, 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 148,391 VEF
2016 Average 150,056 VEF
Yearly Trough Low 126,326 VEF
Transaction Impact: A difference of 22,065.80 VEF purely based on transaction execution date.

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2.9260
2.6336
JanuMarcMayJulySeptNove

TRY to VEF 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 2.7584, compared to 2.7875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0291 points.

H1 Avg (Jan–Jun) 2.7584
H2 Avg (Jul–Dec) 2.7875

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.3637 VEF (High: 2.8902 / Low: 2.5265). On the other end, June was the most stable month, with a tight range of 0.0744 VEF (High: 2.8884 / Low: 2.8140).

November Spread (Volatile) Âą0.3637
June Spread (Stable) Âą0.0744

Growth Streaks & Declines

Trends

Between 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 0.1540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.8941) against the same month in 2016 (average: 3.3698), the exchange rate shifted by -0.4757 (-14.12%).

2017 Avg (August) 2.8941
2016 Avg (August) 3.3698

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Month High Low Average
January 2.8317 2.5762 2.6706
February 2.7988 2.6489 2.7280
March 2.7720 2.6481 2.7203
April 2.8650 2.6773 2.7561
May 2.8702 2.7867 2.8236
June 2.8884 2.8140 2.8517
July 2.8829 2.7578 2.8394
August 2.9678 2.8504 2.8941
September 2.9655 2.8049 2.9016
October 2.8560 2.6362 2.7476
November 2.8902 2.5265 2.6580
December 2.8131 2.5429 2.6842