YEARLY HIGH
7.3800 ETB
YEARLY LOW
3.9755 ETB
YEARLY AVERAGE
5.8966 ETB

2018 TRY to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 7.3800. Conversely, the yearly low was recorded on August 13, dropping to 3.9755.

This high-to-low spread represents a total annual volatility of 3.4045 ETB. From a start-to-finish perspective, comparing the January average rate of 7.2797 to the December average rate of 5.3099, the exchange rate registered a net change of -27.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.3800 was down 1.30% compared to the 2017 peak of 7.4769, 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 369,001 ETB
2017 Average 328,556 ETB
Yearly Trough Low 198,776 ETB
Transaction Impact: A difference of 170,225.45 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.5681
4.1071
JanuMarcMayJulySeptNove

TRY to ETB 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 6.7587, compared to 5.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7243 points.

H1 Avg (Jan–Jun) 6.7587
H2 Avg (Jul–Dec) 5.0344

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.5868 ETB (High: 5.5623 / Low: 3.9755). On the other end, February was the most stable month, with a tight range of 0.1971 ETB (High: 7.3800 / Low: 7.1829).

August Spread (Volatile) ±1.5868
February Spread (Stable) ±0.1971

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 1.0857 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 7.2655) against the same month in 2017 (average: 6.1921), the exchange rate shifted by +1.0734 (+17.34%).

2018 Avg (February) 7.2655
2017 Avg (February) 6.1921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3726 7.1489 7.2797
February 7.3800 7.1829 7.2655
March 7.2397 6.8444 7.0655
April 6.9269 6.6344 6.7649
May 6.7081 5.7846 6.2227
June 6.1536 5.8062 5.9540
July 6.0331 5.5905 5.7807
August 5.5623 3.9755 4.6950
September 4.6242 4.1517 4.3955
October 5.1056 4.4775 4.8011
November 5.4378 5.0583 5.2241
December 5.4190 5.2162 5.3099