YEARLY HIGH
0.4511 TRY
YEARLY LOW
0.2423 TRY
YEARLY AVERAGE
0.3135 TRY

2018 MVR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.4511. Conversely, the yearly low was recorded on February 17, dropping to 0.2423.

This high-to-low spread represents a total annual volatility of 0.2088 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2448 to the December average rate of 0.3436, the exchange rate registered a net change of 40.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4511 was up 74.15% compared to the 2017 peak of 0.2590, 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 2,255 TRY
2017 Average 1,181 TRY
Yearly Trough Low 1,211 TRY
Transaction Impact: A difference of 1,044.04 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4259
0.2284
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 0.2651, compared to 0.3618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0967 points.

H1 Avg (Jan–Jun) 0.2651
H2 Avg (Jul–Dec) 0.3618

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1277 TRY (High: 0.4511 / Low: 0.3234). On the other end, February was the most stable month, with a tight range of 0.0060 TRY (High: 0.2483 / Low: 0.2423).

August Spread (Volatile) ±0.1277
February Spread (Stable) ±0.0060

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 September and October, when the average rate fell by 0.0326 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.3847) against the same month in 2017 (average: 0.2288), the exchange rate shifted by +0.1560 (+68.18%).

2018 Avg (August) 0.3847
2017 Avg (August) 0.2288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2486 0.2425 0.2448
February 0.2483 0.2423 0.2452
March 0.2596 0.2459 0.2520
April 0.2688 0.2569 0.2633
May 0.3067 0.2659 0.2857
June 0.3080 0.2885 0.2998
July 0.3192 0.2966 0.3093
August 0.4511 0.3234 0.3847
September 0.4309 0.3900 0.4094
October 0.4016 0.3542 0.3768
November 0.3576 0.3346 0.3469
December 0.3486 0.3364 0.3436