YEARLY HIGH
0.0047 TRY
YEARLY LOW
0.0028 TRY
YEARLY AVERAGE
0.0033 TRY

2018 MMK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0047. Conversely, the yearly low was recorded on January 6, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0019 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0034, the exchange rate registered a net change of 20.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0047 was up 59.77% compared to the 2017 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 TRY
2017 Average 13 TRY
Yearly Trough Low 14 TRY
Transaction Impact: A difference of 9.67 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0042
0.0027
JanuMarcMayJulySeptNove

MMK 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 0.0030, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0013 TRY (High: 0.0047 / Low: 0.0034). On the other end, February was the most stable month, with a tight range of 0.0001 TRY (High: 0.0029 / Low: 0.0028).

August Spread (Volatile) ±0.0013
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0040) against the same month in 2017 (average: 0.0026), the exchange rate shifted by +0.0014 (+53.55%).

2018 Avg (August) 0.0040
2017 Avg (August) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0028 0.0028
February 0.0029 0.0028 0.0028
March 0.0030 0.0028 0.0029
April 0.0031 0.0030 0.0030
May 0.0035 0.0030 0.0033
June 0.0035 0.0032 0.0034
July 0.0034 0.0032 0.0033
August 0.0047 0.0034 0.0040
September 0.0043 0.0038 0.0040
October 0.0041 0.0034 0.0037
November 0.0035 0.0033 0.0034
December 0.0035 0.0033 0.0034