YEARLY HIGH
2.8168 TRY
YEARLY LOW
2.4338 TRY
YEARLY AVERAGE
2.5911 TRY

2017 NZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 2.8168. Conversely, the yearly low was recorded on May 3, dropping to 2.4338.

This high-to-low spread represents a total annual volatility of 0.3830 TRY. From a start-to-finish perspective, comparing the January average rate of 2.6664 to the December average rate of 2.6743, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.8168 was up 11.89% compared to the 2016 peak of 2.5174, 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 14,084 TRY
2016 Average 10,548 TRY
Yearly Trough Low 12,169 TRY
Transaction Impact: A difference of 1,914.87 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7008
2.4574
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 2.5745, compared to 2.6077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 2.5745
H2 Avg (Jul–Dec) 2.6077

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.3707 TRY (High: 2.8168 / Low: 2.4462). On the other end, October was the most stable month, with a tight range of 0.0789 TRY (High: 2.6313 / Low: 2.5523).

January Spread (Volatile) ±0.3707
October Spread (Stable) ±0.0789

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0721 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6664) against the same month in 2016 (average: 1.9642), the exchange rate shifted by +0.7021 (+35.75%).

2017 Avg (January) 2.6664
2016 Avg (January) 1.9642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8168 2.4462 2.6664
February 2.7382 2.5731 2.6438
March 2.6321 2.5345 2.5717
April 2.5969 2.4391 2.5452
May 2.5277 2.4338 2.4777
June 2.5828 2.4931 2.5424
July 2.6603 2.5691 2.6202
August 2.6366 2.4784 2.5626
September 2.5828 2.4529 2.5164
October 2.6313 2.5523 2.5922
November 2.7364 2.6271 2.6806
December 2.7152 2.6256 2.6743