YEARLY HIGH
1.0525 TRY
YEARLY LOW
0.8298 TRY
YEARLY AVERAGE
0.8962 TRY

2016 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.0525. Conversely, the yearly low was recorded on February 25, dropping to 0.8298.

This high-to-low spread represents a total annual volatility of 0.2226 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8736 to the December average rate of 1.0314, the exchange rate registered a net change of 18.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0525 was up 10.59% compared to the 2015 peak of 0.9517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,262 TRY
2015 Average 4,276 TRY
Yearly Trough Low 4,149 TRY
Transaction Impact: A difference of 1,113.11 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0505
0.8210
JanuMarcMayJulySeptNove

PEN 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 0.8635, compared to 0.9288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0653 points.

H1 Avg (Jan–Jun) 0.8635
H2 Avg (Jul–Dec) 0.9288

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0915 TRY (High: 1.0132 / Low: 0.9217). On the other end, February was the most stable month, with a tight range of 0.0178 TRY (High: 0.8476 / Low: 0.8298).

November Spread (Volatile) ±0.0915
February Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0335 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0314) against the same month in 2015 (average: 0.8649), the exchange rate shifted by +0.1665 (+19.25%).

2016 Avg (December) 1.0314
2015 Avg (December) 0.8649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8910 0.8492 0.8736
February 0.8476 0.8298 0.8402
March 0.8606 0.8355 0.8466
April 0.8721 0.8394 0.8587
May 0.8953 0.8520 0.8834
June 0.8901 0.8693 0.8787
July 0.9304 0.8801 0.8989
August 0.9023 0.8744 0.8885
September 0.8921 0.8674 0.8782
October 0.9250 0.8866 0.9075
November 1.0132 0.9217 0.9685
December 1.0525 1.0010 1.0314