YEARLY HIGH
2.4374 TRY
YEARLY LOW
2.2246 TRY
YEARLY AVERAGE
2.3284 TRY

2010 GIP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GIP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.4374. Conversely, the yearly low was recorded on October 25, dropping to 2.2246.

This high-to-low spread represents a total annual volatility of 0.2128 TRY. From a start-to-finish perspective, comparing the January average rate of 2.3868 to the December average rate of 2.3753, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 12,187 TRY
Yearly Average 11,642 TRY
Yearly Trough Low 11,123 TRY
Transaction Impact: A difference of 1,063.76 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.3994
2.2486
JanuMarcMayJulySeptNove

GIP 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 2.3254, compared to 2.3313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 2.3254
H2 Avg (Jul–Dec) 2.3313

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1057 TRY (High: 2.3321 / Low: 2.2264). On the other end, April was the most stable month, with a tight range of 0.0466 TRY (High: 2.3134 / Low: 2.2668).

May Spread (Volatile) ±0.1057
April Spread (Stable) ±0.0466

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0647 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0647

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.3868.

2010 Avg (January) 2.3868
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4374 2.3426 2.3868
February 2.3898 2.3431 2.3686
March 2.3362 2.2801 2.3097
April 2.3134 2.2668 2.2881
May 2.3321 2.2264 2.2716
June 2.3838 2.2966 2.3276
July 2.3904 2.3227 2.3546
August 2.3920 2.3422 2.3644
September 2.3451 2.2979 2.3259
October 2.2893 2.2246 2.2612
November 2.3521 2.2656 2.3068
December 2.4206 2.3175 2.3753