YEARLY HIGH
1.2269 TRY
YEARLY LOW
1.0512 TRY
YEARLY AVERAGE
1.1185 TRY

2017 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 1.2269. Conversely, the yearly low was recorded on January 1, dropping to 1.0512.

This high-to-low spread represents a total annual volatility of 0.1757 TRY. From a start-to-finish perspective, comparing the January average rate of 1.1213 to the December average rate of 1.1831, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2269 was up 16.57% compared to the 2016 peak of 1.0525, 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 6,134 TRY
2016 Average 4,482 TRY
Yearly Trough Low 5,256 TRY
Transaction Impact: A difference of 878.49 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2124
1.0562
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 1.1102, compared to 1.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 1.1102
H2 Avg (Jul–Dec) 1.1267

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1274 TRY (High: 1.1786 / Low: 1.0512). On the other end, May was the most stable month, with a tight range of 0.0251 TRY (High: 1.1037 / Low: 1.0786).

January Spread (Volatile) ±0.1274
May Spread (Stable) ±0.0251

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0327 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.1994) against the same month in 2016 (average: 0.9685), the exchange rate shifted by +0.2309 (+23.84%).

2017 Avg (November) 1.1994
2016 Avg (November) 0.9685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1786 1.0512 1.1213
February 1.1543 1.1003 1.1238
March 1.1445 1.1094 1.1255
April 1.1484 1.0901 1.1228
May 1.1037 1.0786 1.0901
June 1.0918 1.0662 1.0777
July 1.1131 1.0855 1.0951
August 1.0934 1.0615 1.0819
September 1.0930 1.0518 1.0692
October 1.1798 1.0861 1.1317
November 1.2269 1.1182 1.1994
December 1.2143 1.1631 1.1831