YEARLY HIGH
0.8916 TRY
YEARLY LOW
0.7506 TRY
YEARLY AVERAGE
0.8220 TRY

2019 BOB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.8916. Conversely, the yearly low was recorded on January 31, dropping to 0.7506.

This high-to-low spread represents a total annual volatility of 0.1410 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7758 to the December average rate of 0.8475, the exchange rate registered a net change of 9.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8916 was down 11.37% compared to the 2018 peak of 1.0060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 4,458 TRY
2018 Average 3,507 TRY
Yearly Trough Low 3,753 TRY
Transaction Impact: A difference of 705.05 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8851
0.7520
JanuMarcMayJulySeptNove

BOB to TRY 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 0.8139, compared to 0.8301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.8139
H2 Avg (Jul–Dec) 0.8301

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0652 TRY (High: 0.8633 / Low: 0.7981). On the other end, November was the most stable month, with a tight range of 0.0117 TRY (High: 0.8356 / Low: 0.8240).

April Spread (Volatile) ±0.0652
November Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.8740) against the same month in 2018 (average: 0.6409), the exchange rate shifted by +0.2331 (+36.38%).

2019 Avg (May) 0.8740
2018 Avg (May) 0.6409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7989 0.7506 0.7758
February 0.7733 0.7518 0.7631
March 0.8362 0.7770 0.7939
April 0.8633 0.7981 0.8350
May 0.8916 0.8449 0.8740
June 0.8533 0.8261 0.8415
July 0.8312 0.8043 0.8204
August 0.8570 0.7931 0.8180
September 0.8448 0.8154 0.8264
October 0.8573 0.8224 0.8380
November 0.8356 0.8240 0.8303
December 0.8617 0.8303 0.8475