YEARLY HIGH
1.6616 DKK
YEARLY LOW
0.9405 DKK
YEARLY AVERAGE
1.3408 DKK

2018 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.6616. Conversely, the yearly low was recorded on August 13, dropping to 0.9405.

This high-to-low spread represents a total annual volatility of 0.7211 DKK. From a start-to-finish perspective, comparing the January average rate of 1.6185 to the December average rate of 1.2358, the exchange rate registered a net change of -23.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6616 was down 17.18% compared to the 2017 peak of 2.0063, 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 83,079 DKK
2017 Average 90,539 DKK
Yearly Trough Low 47,024 DKK
Transaction Impact: A difference of 36,054.44 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6789
0.9544
JanuMarcMayJulySeptNove

TRY to DKK 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 1.5102, compared to 1.1713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3389 points.

H1 Avg (Jan–Jun) 1.5102
H2 Avg (Jul–Dec) 1.1713

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.3416 DKK (High: 1.2821 / Low: 0.9405). On the other end, February was the most stable month, with a tight range of 0.0258 DKK (High: 1.6061 / Low: 1.5803).

August Spread (Volatile) ±0.3416
February Spread (Stable) ±0.0258

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.2390 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.6185) against the same month in 2017 (average: 1.8706), the exchange rate shifted by -0.2521 (-13.47%).

2018 Avg (January) 1.6185
2017 Avg (January) 1.8706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6616 1.5864 1.6185
February 1.6061 1.5803 1.5932
March 1.5935 1.5065 1.5518
April 1.5305 1.4531 1.4943
May 1.5122 1.3357 1.4247
June 1.4154 1.3539 1.3786
July 1.3885 1.2958 1.3365
August 1.2821 0.9405 1.0975
September 1.0663 0.9657 1.0148
October 1.2019 1.0466 1.1186
November 1.2670 1.1842 1.2248
December 1.2659 1.2211 1.2358