YEARLY HIGH
7.7260 ETB
YEARLY LOW
6.3132 ETB
YEARLY AVERAGE
7.2412 ETB

2016 TRY to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 7.7260. Conversely, the yearly low was recorded on December 4, dropping to 6.3132.

This high-to-low spread represents a total annual volatility of 1.4128 ETB. From a start-to-finish perspective, comparing the January average rate of 7.0798 to the December average rate of 6.3933, the exchange rate registered a net change of -9.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.7260 was down 12.75% compared to the 2015 peak of 8.8552, 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 386,300 ETB
2015 Average 381,326 ETB
Yearly Trough Low 315,660 ETB
Transaction Impact: A difference of 70,640.74 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.7236
6.2724
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: JanтАУJun) was 7.3659, compared to 7.1164 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2495 points.

H1 Avg (JanтАУJun) 7.3659
H2 Avg (JulтАУDec) 7.1164

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6913 ETB (High: 7.1557 / Low: 6.4644). On the other end, September was the most stable month, with a tight range of 0.1492 ETB (High: 7.5371 / Low: 7.3879).

November Spread (Volatile) ┬▒0.6913
September Spread (Stable) ┬▒0.1492

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.4445 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 7.6026) against the same month in 2015 (average: 7.7153), the exchange rate shifted by -0.1127 (-1.46%).

2016 Avg (April) 7.6026
2015 Avg (April) 7.7153

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 7.2739 6.9708 7.0798
February 7.3134 7.1621 7.2386
March 7.6175 7.2689 7.4222
April 7.7260 7.5329 7.6026
May 7.7123 7.2642 7.3711
June 7.6263 7.3786 7.4812
July 7.5902 7.1626 7.3940
August 7.5405 7.3191 7.4528
September 7.5371 7.3879 7.4494
October 7.3910 7.1352 7.2268
November 7.1557 6.4644 6.7822
December 6.5422 6.3132 6.3933