YEARLY HIGH
4.1273 MVR
YEARLY LOW
2.2168 MVR
YEARLY AVERAGE
3.2938 MVR

2018 TRY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 4.1273. Conversely, the yearly low was recorded on August 13, dropping to 2.2168.

This high-to-low spread represents a total annual volatility of 1.9105 MVR. From a start-to-finish perspective, comparing the January average rate of 4.0846 to the December average rate of 2.9103, the exchange rate registered a net change of -28.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.1273 was down 8.81% compared to the 2017 peak of 4.5261, 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 206,364 MVR
2017 Average 211,923 MVR
Yearly Trough Low 110,840 MVR
Transaction Impact: A difference of 95,523.63 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.2486
2.2805
JanuMarcMayJulySeptNove

TRY to MVR 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 3.7956, compared to 2.7921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0035 points.

H1 Avg (Jan–Jun) 3.7956
H2 Avg (Jul–Dec) 2.7921

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.8754 MVR (High: 3.0922 / Low: 2.2168). On the other end, February was the most stable month, with a tight range of 0.1000 MVR (High: 4.1273 / Low: 4.0273).

August Spread (Volatile) ±0.8754
February Spread (Stable) ±0.1000

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 0.6129 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 4.0780) against the same month in 2017 (average: 4.2222), the exchange rate shifted by -0.1442 (-3.42%).

2018 Avg (February) 4.0780
2017 Avg (February) 4.2222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1242 4.0219 4.0846
February 4.1273 4.0273 4.0780
March 4.0668 3.8519 3.9696
April 3.8932 3.7206 3.7980
May 3.7602 3.2601 3.5058
June 3.4657 3.2471 3.3375
July 3.3717 3.1326 3.2347
August 3.0922 2.2168 2.6218
September 2.5643 2.3208 2.4445
October 2.8235 2.4901 2.6576
November 2.9887 2.7965 2.8836
December 2.9726 2.8690 2.9103