YEARLY HIGH
3.5671 VEF
YEARLY LOW
2.0732 VEF
YEARLY AVERAGE
3.0001 VEF

2016 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 3.5671. Conversely, the yearly low was recorded on January 17, dropping to 2.0732.

This high-to-low spread represents a total annual volatility of 1.4940 VEF. From a start-to-finish perspective, comparing the January average rate of 2.1061 to the December average rate of 2.8513, the exchange rate registered a net change of 35.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.5671 was up 28.95% compared to the 2015 peak of 2.7662, 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 178,356 VEF
2015 Average 116,570 VEF
Yearly Trough Low 103,658 VEF
Transaction Impact: A difference of 74,697.87 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6582
1.9650
JanuMarcMayJulySeptNove

TRY to VEF 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 2.7957, compared to 3.2044 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4087 points.

H1 Avg (JanтАУJun) 2.7957
H2 Avg (JulтАУDec) 3.2044

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3147 VEF (High: 3.2054 / Low: 2.8907). On the other end, February was the most stable month, with a tight range of 0.0549 VEF (High: 2.1668 / Low: 2.1119).

November Spread (Volatile) ┬▒0.3147
February Spread (Stable) ┬▒0.0549

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 0.2160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 3.3895) against the same month in 2015 (average: 2.3891), the exchange rate shifted by +1.0004 (+41.87%).

2016 Avg (May) 3.3895
2015 Avg (May) 2.3891

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 2.1669 2.0732 2.1061
February 2.1668 2.1119 2.1460
March 2.2340 2.1469 2.1947
April 3.5634 3.4876 3.5171
May 3.5671 3.3333 3.3895
June 3.4884 3.3814 3.4209
July 3.4661 3.2490 3.3626
August 3.4131 3.3142 3.3698
September 3.4079 3.3279 3.3624
October 3.3248 3.2085 3.2483
November 3.2054 2.8907 3.0323
December 2.9263 2.8187 2.8513