YEARLY HIGH
513.8214 BIF
YEARLY LOW
430.1128 BIF
YEARLY AVERAGE
473.0279 BIF

2017 TRY to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 513.8214. Conversely, the yearly low was recorded on January 11, dropping to 430.1128.

This high-to-low spread represents a total annual volatility of 83.7086 BIF. From a start-to-finish perspective, comparing the January average rate of 449.2236 to the December average rate of 458.1987, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 513.8214 was down 12.15% compared to the 2016 peak of 584.8877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 25,691,071 BIF
2016 Average 26,791,861 BIF
Yearly Trough Low 21,505,640 BIF
Transaction Impact: A difference of 4,185,431.11 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

508.4860
443.8361
JanuMarcMayJulySeptNove

TRY to BIF 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 467.7218, compared to 478.3341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6123 points.

H1 Avg (Jan–Jun) 467.7218
H2 Avg (Jul–Dec) 478.3341

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 46.8031 BIF (High: 476.9159 / Low: 430.1128). On the other end, June was the most stable month, with a tight range of 9.9494 BIF (High: 494.6935 / Low: 484.7441).

January Spread (Volatile) ±46.8031
June Spread (Stable) ±9.9494

Growth Streaks & Declines

Trends

Between March and June, 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 26.3919 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.3919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 503.0985) against the same month in 2016 (average: 560.8767), the exchange rate shifted by -57.7782 (-10.30%).

2017 Avg (September) 503.0985
2016 Avg (September) 560.8767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 476.9159 430.1128 449.2236
February 476.0763 448.9790 462.4608
March 473.1030 448.1289 461.9609
April 479.0602 455.6008 465.1856
May 487.8381 468.3495 477.4681
June 494.6935 484.7441 490.0319
July 491.2506 471.2248 485.1700
August 506.2922 487.6204 495.7763
September 513.8214 486.9096 503.0985
October 491.6097 462.6490 476.7067
November 461.2576 441.5386 451.0542
December 464.8691 447.1953 458.1987