YEARLY HIGH
0.2590 TRY
YEARLY LOW
0.2209 TRY
YEARLY AVERAGE
0.2363 TRY

2017 MVR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.2590. Conversely, the yearly low was recorded on September 7, dropping to 0.2209.

This high-to-low spread represents a total annual volatility of 0.0381 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2435 to the December average rate of 0.2492, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2590 was up 11.12% compared to the 2016 peak of 0.2331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,295 TRY
2016 Average 991 TRY
Yearly Trough Low 1,105 TRY
Transaction Impact: A difference of 190.42 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2563
0.2223
JanuMarcMayJulySeptNove

MVR 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 0.2351, compared to 0.2375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.2351
H2 Avg (Jul–Dec) 0.2375

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0263 TRY (High: 0.2488 / Low: 0.2225). On the other end, June was the most stable month, with a tight range of 0.0052 TRY (High: 0.2287 / Low: 0.2235).

August Spread (Volatile) ±0.0263
June Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2535) against the same month in 2016 (average: 0.2156), the exchange rate shifted by +0.0379 (+17.56%).

2017 Avg (November) 0.2535
2016 Avg (November) 0.2156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2518 0.2302 0.2435
February 0.2445 0.2299 0.2369
March 0.2426 0.2331 0.2370
April 0.2405 0.2305 0.2364
May 0.2359 0.2261 0.2306
June 0.2287 0.2235 0.2261
July 0.2343 0.2271 0.2297
August 0.2488 0.2225 0.2288
September 0.2323 0.2209 0.2252
October 0.2480 0.2314 0.2389
November 0.2590 0.2468 0.2535
December 0.2550 0.2451 0.2492