2019 PEN to TRY Historical Review

YEARLY HIGH

1.8589 TRY

YEARLY LOW

1.5565 TRY

YEARLY AVERAGE

1.7028 TRY

2019 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.8589. Conversely, the yearly low was recorded on January 31, dropping to 1.5565.

This high-to-low spread represents a total annual volatility of 0.3023 TRY. From a start-to-finish perspective, comparing the January average rate of 1.6033 to the December average rate of 1.7479, the exchange rate registered a net change of 9.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8589 was down 12.09% compared to the 2018 peak of 2.1145, 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 9,294 TRY

2018 Average 7,361 TRY

Yearly Trough Low 7,783 TRY

Transaction Impact: A difference of 1,511.54 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8358

1.5652

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 1.6933, compared to 1.7124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 1.6933

H2 Avg (Jul–Dec) 1.7124

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.1360 TRY (High: 1.8035 / Low: 1.6675). On the other end, November was the most stable month, with a tight range of 0.0393 TRY (High: 1.7250 / Low: 1.6857).

April Spread (Volatile) ±0.1360

November Spread (Stable) ±0.0393

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 May and June, when the average rate fell by 0.0653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.8133) against the same month in 2018 (average: 1.3533), the exchange rate shifted by +0.4600 (+33.99%).

2019 Avg (May) 1.8133

2018 Avg (May) 1.3533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6429	1.5565	1.6033
February	1.6161	1.5647	1.5878
March	1.7477	1.6230	1.6592
April	1.8035	1.6675	1.7482
May	1.8589	1.7319	1.8133
June	1.7707	1.7073	1.7480
July	1.7449	1.6898	1.7227
August	1.7562	1.6218	1.6725
September	1.7242	1.6720	1.7017
October	1.7644	1.6839	1.7255
November	1.7250	1.6857	1.7041
December	1.7949	1.6931	1.7479