YEARLY HIGH
0.0296 TRY
YEARLY LOW
0.0105 TRY
YEARLY AVERAGE
0.0137 TRY

2018 MRO to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0296. Conversely, the yearly low was recorded on February 1, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0191 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0149, the exchange rate registered a net change of 39.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0296 was up 164.35% compared to the 2017 peak of 0.0112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 TRY
2017 Average 51 TRY
Yearly Trough Low 53 TRY
Transaction Impact: A difference of 95.68 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0184
0.0099
JanuMarcMayJulySeptNove

MRO 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 0.0115, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0115
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0143 TRY (High: 0.0296 / Low: 0.0153). On the other end, January was the most stable month, with a tight range of 0.0002 TRY (High: 0.0108 / Low: 0.0105).

October Spread (Volatile) ±0.0143
January Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0171) against the same month in 2017 (average: 0.0102), the exchange rate shifted by +0.0069 (+67.57%).

2018 Avg (October) 0.0171
2017 Avg (October) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0105 0.0106
February 0.0108 0.0105 0.0107
March 0.0113 0.0107 0.0109
April 0.0117 0.0111 0.0114
May 0.0134 0.0115 0.0125
June 0.0133 0.0126 0.0130
July 0.0138 0.0128 0.0134
August 0.0194 0.0140 0.0167
September 0.0187 0.0168 0.0177
October 0.0296 0.0153 0.0171
November 0.0155 0.0145 0.0150
December 0.0151 0.0146 0.0149