2017 GIP to TRY Historical Review

YEARLY HIGH

5.3099 TRY

YEARLY LOW

4.3515 TRY

YEARLY AVERAGE

4.6993 TRY

2017 GIP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GIP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 5.3099. Conversely, the yearly low was recorded on January 2, dropping to 4.3515.

This high-to-low spread represents a total annual volatility of 0.9584 TRY. From a start-to-finish perspective, comparing the January average rate of 4.6216 to the December average rate of 5.1458, the exchange rate registered a net change of 11.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 5.3099 was up 18.47% compared to the 2016 peak of 4.4819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,550 TRY

2016 Average 20,441 TRY

Yearly Trough Low 21,758 TRY

Transaction Impact: A difference of 4,791.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

5.2118

4.4391

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 4.5747, compared to 4.8239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2492 points.

H1 Avg (Jan–Jun) 4.5747

H2 Avg (Jul–Dec) 4.8239

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.5220 TRY (High: 4.8735 / Low: 4.3515). On the other end, March was the most stable month, with a tight range of 0.1077 TRY (High: 4.5882 / Low: 4.4805).

January Spread (Volatile) ±0.5220

March Spread (Stable) ±0.1077

Growth Streaks & Declines

Trends

Between August and November, 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 0.1057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 5.1474) against the same month in 2016 (average: 4.1020), the exchange rate shifted by +1.0454 (+25.49%).

2017 Avg (November) 5.1474

2016 Avg (November) 4.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.8735	4.3515	4.6216
February	4.7773	4.4622	4.5695
March	4.5882	4.4805	4.5320
April	4.6970	4.5532	4.6123
May	4.6950	4.5419	4.6091
June	4.6043	4.4499	4.5035
July	4.6977	4.5742	4.6258
August	4.6816	4.4273	4.5437
September	4.7938	4.4352	4.6230
October	5.0350	4.7052	4.8575
November	5.3099	4.9609	5.1474
December	5.2973	5.0767	5.1458