YEARLY HIGH
0.0716 TRY
YEARLY LOW
0.0405 TRY
YEARLY AVERAGE
0.0515 TRY

2018 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.0716. Conversely, the yearly low was recorded on January 8, dropping to 0.0405.

This high-to-low spread represents a total annual volatility of 0.0310 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0547, the exchange rate registered a net change of 31.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0716 was up 67.78% compared to the 2017 peak of 0.0426, 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 358 TRY
2017 Average 186 TRY
Yearly Trough Low 203 TRY
Transaction Impact: A difference of 155.24 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0691
0.0390
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 0.0447, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.0447
H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0190 TRY (High: 0.0716 / Low: 0.0525). On the other end, February was the most stable month, with a tight range of 0.0006 TRY (High: 0.0425 / Low: 0.0419).

August Spread (Volatile) ±0.0190
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0062 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0620) against the same month in 2017 (average: 0.0375), the exchange rate shifted by +0.0245 (+65.46%).

2018 Avg (August) 0.0620
2017 Avg (August) 0.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0405 0.0415
February 0.0425 0.0419 0.0422
March 0.0448 0.0420 0.0434
April 0.0463 0.0440 0.0450
May 0.0504 0.0447 0.0474
June 0.0508 0.0476 0.0489
July 0.0521 0.0482 0.0505
August 0.0716 0.0525 0.0620
September 0.0699 0.0635 0.0666
October 0.0644 0.0561 0.0604
November 0.0568 0.0532 0.0552
December 0.0552 0.0535 0.0547