2018 PEN to TRY Historical Review

YEARLY HIGH

2.1145 TRY

YEARLY LOW

1.1524 TRY

YEARLY AVERAGE

1.4704 TRY

2018 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.1145. Conversely, the yearly low was recorded on February 17, dropping to 1.1524.

This high-to-low spread represents a total annual volatility of 0.9621 TRY. From a start-to-finish perspective, comparing the January average rate of 1.1727 to the December average rate of 1.5785, the exchange rate registered a net change of 34.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1145 was up 72.34% compared to the 2017 peak of 1.2269, 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 10,572 TRY

2017 Average 5,592 TRY

Yearly Trough Low 5,762 TRY

Transaction Impact: A difference of 4,810.44 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9823

1.0909

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 1.2604, compared to 1.6804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4200 points.

H1 Avg (Jan–Jun) 1.2604

H2 Avg (Jul–Dec) 1.6804

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.5918 TRY (High: 2.1145 / Low: 1.5227). On the other end, February was the most stable month, with a tight range of 0.0231 TRY (High: 1.1755 / Low: 1.1524).

August Spread (Volatile) ±0.5918

February Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1626 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.8047) against the same month in 2017 (average: 1.0819), the exchange rate shifted by +0.7228 (+66.81%).

2018 Avg (August) 1.8047

2017 Avg (August) 1.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1886	1.1624	1.1727
February	1.1755	1.1524	1.1651
March	1.2439	1.1666	1.1980
April	1.2804	1.2255	1.2577
May	1.4553	1.2638	1.3533
June	1.4522	1.3711	1.4157
July	1.5033	1.3921	1.4567
August	2.1145	1.5227	1.8047
September	2.0092	1.8192	1.9080
October	1.8578	1.6276	1.7454
November	1.6387	1.5292	1.5891
December	1.6076	1.5306	1.5785