2018 MAD to TRY Historical Review

YEARLY HIGH

0.7283 TRY

YEARLY LOW

0.4000 TRY

YEARLY AVERAGE

0.5148 TRY

2018 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.7283. Conversely, the yearly low was recorded on January 8, dropping to 0.4000.

This high-to-low spread represents a total annual volatility of 0.3283 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4076 to the December average rate of 0.5568, the exchange rate registered a net change of 36.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7283 was up 71.95% compared to the 2017 peak of 0.4236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,642 TRY

2017 Average 1,880 TRY

Yearly Trough Low 2,000 TRY

Transaction Impact: A difference of 1,641.42 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6976

0.3812

JanuMarcMayJulySeptNove

MAD 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 0.4403, compared to 0.5893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1489 points.

H1 Avg (Jan–Jun) 0.4403

H2 Avg (Jul–Dec) 0.5893

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2015 TRY (High: 0.7283 / Low: 0.5268). On the other end, February was the most stable month, with a tight range of 0.0051 TRY (High: 0.4145 / Low: 0.4094).

August Spread (Volatile) ±0.2015

February Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0580 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.6263) against the same month in 2017 (average: 0.3715), the exchange rate shifted by +0.2548 (+68.60%).

2018 Avg (August) 0.6263

2017 Avg (August) 0.3715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4140	0.4000	0.4076
February	0.4145	0.4094	0.4119
March	0.4361	0.4129	0.4239
April	0.4519	0.4306	0.4410
May	0.5022	0.4411	0.4701
June	0.4975	0.4737	0.4876
July	0.5207	0.4846	0.5045
August	0.7283	0.5268	0.6263
September	0.7057	0.6387	0.6713
October	0.6534	0.5722	0.6133
November	0.5801	0.5450	0.5636
December	0.5666	0.5457	0.5568