YEARLY HIGH
0.2135 TRY
YEARLY LOW
0.1824 TRY
YEARLY AVERAGE
0.1945 TRY

2019 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.2135. Conversely, the yearly low was recorded on February 5, dropping to 0.1824.

This high-to-low spread represents a total annual volatility of 0.0312 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1890 to the December average rate of 0.1861, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2135 was down 15.11% compared to the 2018 peak of 0.2515, 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 1,068 TRY
2018 Average 875 TRY
Yearly Trough Low 912 TRY
Transaction Impact: A difference of 155.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2114
0.1828
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 0.1961, compared to 0.1930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1961
H2 Avg (Jul–Dec) 0.1930

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0160 TRY (High: 0.2082 / Low: 0.1922). On the other end, February was the most stable month, with a tight range of 0.0055 TRY (High: 0.1879 / Low: 0.1824).

April Spread (Volatile) ±0.0160
February Spread (Stable) ±0.0055

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 0.0082 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.2090) against the same month in 2018 (average: 0.1610), the exchange rate shifted by +0.0481 (+29.88%).

2019 Avg (May) 0.2090
2018 Avg (May) 0.1610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1959 0.1840 0.1890
February 0.1879 0.1824 0.1852
March 0.2023 0.1875 0.1921
April 0.2082 0.1922 0.2006
May 0.2135 0.2007 0.2090
June 0.2040 0.1973 0.2008
July 0.2005 0.1914 0.1958
August 0.2025 0.1888 0.1937
September 0.1993 0.1916 0.1944
October 0.2020 0.1928 0.1960
November 0.1953 0.1878 0.1919
December 0.1899 0.1830 0.1861