YEARLY HIGH
2.5174 TRY
YEARLY LOW
1.9124 TRY
YEARLY AVERAGE
2.1091 TRY

2016 NZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.5174. Conversely, the yearly low was recorded on March 15, dropping to 1.9124.

This high-to-low spread represents a total annual volatility of 0.6050 TRY. From a start-to-finish perspective, comparing the January average rate of 1.9642 to the December average rate of 2.4610, the exchange rate registered a net change of 25.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5174 was up 21.56% compared to the 2015 peak of 2.0709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,587 TRY
2015 Average 9,500 TRY
Yearly Trough Low 9,562 TRY
Transaction Impact: A difference of 3,025.09 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5126
1.8928
JanuMarcMayJulySeptNove

NZD 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 1.9782, compared to 2.2399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2617 points.

H1 Avg (Jan–Jun) 1.9782
H2 Avg (Jul–Dec) 2.2399

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1919 TRY (High: 2.4357 / Low: 2.2437). On the other end, August was the most stable month, with a tight range of 0.0361 TRY (High: 2.1599 / Low: 2.1238).

November Spread (Volatile) ±0.1919
August Spread (Stable) ±0.0361

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0099 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.4610) against the same month in 2015 (average: 1.9736), the exchange rate shifted by +0.4874 (+24.70%).

2016 Avg (December) 2.4610
2015 Avg (December) 1.9736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9980 1.9142 1.9642
February 1.9782 1.9255 1.9543
March 1.9835 1.9124 1.9444
April 1.9975 1.9148 1.9534
May 2.0219 1.9536 1.9993
June 2.0877 2.0063 2.0536
July 2.1584 2.0690 2.1203
August 2.1599 2.1238 2.1391
September 2.1876 2.1459 2.1675
October 2.2307 2.1715 2.1995
November 2.4357 2.2437 2.3521
December 2.5174 2.4174 2.4610