YEARLY HIGH
2.9528 TRY
YEARLY LOW
2.4396 TRY
YEARLY AVERAGE
2.6420 TRY

2017 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 2.9528. Conversely, the yearly low was recorded on January 1, dropping to 2.4396.

This high-to-low spread represents a total annual volatility of 0.5132 TRY. From a start-to-finish perspective, comparing the January average rate of 2.6186 to the December average rate of 2.8515, the exchange rate registered a net change of 8.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9528 was up 18.59% compared to the 2016 peak of 2.4898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,764 TRY
2016 Average 10,949 TRY
Yearly Trough Low 12,198 TRY
Transaction Impact: A difference of 2,566.01 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9051
2.5109
JanuMarcMayJulySeptNove

BND 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 2.5887, compared to 2.6953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1066 points.

H1 Avg (Jan–Jun) 2.5887
H2 Avg (Jul–Dec) 2.6953

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2774 TRY (High: 2.7169 / Low: 2.4396). On the other end, June was the most stable month, with a tight range of 0.0480 TRY (High: 2.5708 / Low: 2.5228).

January Spread (Volatile) ±0.2774
June Spread (Stable) ±0.0480

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0501 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0501

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.8723) against the same month in 2016 (average: 2.3347), the exchange rate shifted by +0.5375 (+23.02%).

2017 Avg (November) 2.8723
2016 Avg (November) 2.3347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7169 2.4396 2.6186
February 2.6649 2.5286 2.5901
March 2.6558 2.5727 2.6133
April 2.6597 2.5352 2.6084
May 2.6034 2.5257 2.5583
June 2.5708 2.5228 2.5437
July 2.6246 2.5569 2.5938
August 2.6062 2.5350 2.5774
September 2.6326 2.5191 2.5722
October 2.8006 2.6109 2.7047
November 2.9528 2.7958 2.8723
December 2.9149 2.8241 2.8515