YEARLY HIGH
0.2515 TRY
YEARLY LOW
0.1355 TRY
YEARLY AVERAGE
0.1748 TRY

2018 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.2515. Conversely, the yearly low was recorded on February 1, dropping to 0.1355.

This high-to-low spread represents a total annual volatility of 0.1160 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1374 to the December average rate of 0.1883, the exchange rate registered a net change of 37.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2515 was up 45.36% compared to the 2017 peak of 0.1730, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,258 TRY
2017 Average 763 TRY
Yearly Trough Low 678 TRY
Transaction Impact: A difference of 580.19 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2368
0.1283
JanuMarcMayJulySeptNove

ETB 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 0.1489, compared to 0.2007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0518 points.

H1 Avg (Jan–Jun) 0.1489
H2 Avg (Jul–Dec) 0.2007

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0718 TRY (High: 0.2515 / Low: 0.1798). On the other end, February was the most stable month, with a tight range of 0.0037 TRY (High: 0.1392 / Low: 0.1355).

August Spread (Volatile) ±0.0718
February Spread (Stable) ±0.0037

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 0.0191 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.2149) against the same month in 2017 (average: 0.1503), the exchange rate shifted by +0.0646 (+42.97%).

2018 Avg (August) 0.2149
2017 Avg (August) 0.1503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1399 0.1356 0.1374
February 0.1392 0.1355 0.1376
March 0.1461 0.1381 0.1416
April 0.1507 0.1444 0.1478
May 0.1729 0.1491 0.1610
June 0.1722 0.1625 0.1680
July 0.1789 0.1658 0.1731
August 0.2515 0.1798 0.2149
September 0.2409 0.2163 0.2277
October 0.2233 0.1959 0.2086
November 0.1977 0.1839 0.1915
December 0.1917 0.1845 0.1883