YEARLY HIGH
0.6384 TRY
YEARLY LOW
0.5434 TRY
YEARLY AVERAGE
0.5907 TRY

2019 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.6384. Conversely, the yearly low was recorded on January 31, dropping to 0.5434.

This high-to-low spread represents a total annual volatility of 0.0950 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5623 to the December average rate of 0.6088, the exchange rate registered a net change of 8.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6384 was down 12.35% compared to the 2018 peak of 0.7283, 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 3,192 TRY
2018 Average 2,577 TRY
Yearly Trough Low 2,717 TRY
Transaction Impact: A difference of 474.98 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6314
0.5457
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 0.5857, compared to 0.5957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.5857
H2 Avg (Jul–Dec) 0.5957

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0482 TRY (High: 0.6182 / Low: 0.5700). On the other end, November was the most stable month, with a tight range of 0.0073 TRY (High: 0.5986 / Low: 0.5913).

April Spread (Volatile) ±0.0482
November Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0189 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.6242) against the same month in 2018 (average: 0.4701), the exchange rate shifted by +0.1542 (+32.79%).

2019 Avg (May) 0.6242
2018 Avg (May) 0.4701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5799 0.5434 0.5623
February 0.5596 0.5450 0.5528
March 0.5993 0.5571 0.5705
April 0.6182 0.5700 0.5993
May 0.6384 0.6013 0.6242
June 0.6121 0.5916 0.6053
July 0.5994 0.5783 0.5913
August 0.6137 0.5742 0.5892
September 0.6047 0.5787 0.5901
October 0.6131 0.5869 0.6001
November 0.5986 0.5913 0.5948
December 0.6220 0.5950 0.6088