YEARLY HIGH
0.0344 TRY
YEARLY LOW
0.0287 TRY
YEARLY AVERAGE
0.0303 TRY

2016 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0344. Conversely, the yearly low was recorded on January 1, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0057 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0335, the exchange rate registered a net change of 13.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0344 was up 9.68% compared to the 2015 peak of 0.0314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172 TRY
2015 Average 137 TRY
Yearly Trough Low 144 TRY
Transaction Impact: A difference of 28.40 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0339
0.0286
JanuMarcMayJulySeptNove

CVE 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 0.0296, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0296
H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0021 TRY (High: 0.0332 / Low: 0.0311). On the other end, March was the most stable month, with a tight range of 0.0006 TRY (High: 0.0293 / Low: 0.0288).

November Spread (Volatile) ±0.0021
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0335) against the same month in 2015 (average: 0.0289), the exchange rate shifted by +0.0046 (+15.89%).

2016 Avg (December) 0.0335
2015 Avg (December) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0287 0.0296
February 0.0301 0.0291 0.0296
March 0.0293 0.0288 0.0290
April 0.0295 0.0289 0.0291
May 0.0307 0.0290 0.0302
June 0.0300 0.0289 0.0297
July 0.0307 0.0290 0.0298
August 0.0305 0.0298 0.0301
September 0.0305 0.0297 0.0302
October 0.0311 0.0303 0.0307
November 0.0332 0.0311 0.0322
December 0.0344 0.0330 0.0335