YEARLY HIGH
0.1242 TRY
YEARLY LOW
0.1047 TRY
YEARLY AVERAGE
0.1134 TRY

2019 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.1242. Conversely, the yearly low was recorded on January 31, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0195 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.1141, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1242 was down 14.16% compared to the 2018 peak of 0.1447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 621 TRY
2018 Average 503 TRY
Yearly Trough Low 523 TRY
Transaction Impact: A difference of 97.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1232
0.1049
JanuMarcMayJulySeptNove

GMD 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 0.1134, compared to 0.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1134
H2 Avg (Jul–Dec) 0.1134

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0092 TRY (High: 0.1202 / Low: 0.1109). On the other end, November was the most stable month, with a tight range of 0.0019 TRY (High: 0.1130 / Low: 0.1111).

April Spread (Volatile) ±0.0092
November Spread (Stable) ±0.0019

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 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.1217) against the same month in 2018 (average: 0.0939), the exchange rate shifted by +0.0278 (+29.57%).

2019 Avg (May) 0.1217
2018 Avg (May) 0.0939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1118 0.1047 0.1083
February 0.1078 0.1050 0.1065
March 0.1160 0.1080 0.1105
April 0.1202 0.1109 0.1165
May 0.1242 0.1173 0.1217
June 0.1188 0.1155 0.1173
July 0.1155 0.1113 0.1137
August 0.1163 0.1095 0.1126
September 0.1156 0.1120 0.1134
October 0.1175 0.1114 0.1142
November 0.1130 0.1111 0.1121
December 0.1161 0.1119 0.1141