YEARLY HIGH
0.9721 TRY
YEARLY LOW
0.7682 TRY
YEARLY AVERAGE
0.8305 TRY

2016 QAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.9721. Conversely, the yearly low was recorded on May 1, dropping to 0.7682.

This high-to-low spread represents a total annual volatility of 0.2039 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8242 to the December average rate of 0.9621, the exchange rate registered a net change of 16.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9721 was up 15.85% compared to the 2015 peak of 0.8392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,861 TRY
2015 Average 3,742 TRY
Yearly Trough Low 3,841 TRY
Transaction Impact: A difference of 1,019.55 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9804
0.7604
JanuMarcMayJulySeptNove

QAR 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 0.8020, compared to 0.8590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0570 points.

H1 Avg (Jan–Jun) 0.8020
H2 Avg (Jul–Dec) 0.8590

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0936 TRY (High: 0.9482 / Low: 0.8547). On the other end, April was the most stable month, with a tight range of 0.0164 TRY (High: 0.7852 / Low: 0.7688).

November Spread (Volatile) ±0.0936
April Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0174 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9621) against the same month in 2015 (average: 0.8023), the exchange rate shifted by +0.1597 (+19.91%).

2016 Avg (December) 0.9621
2015 Avg (December) 0.8023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8373 0.8006 0.8242
February 0.8213 0.8012 0.8087
March 0.8084 0.7752 0.7913
April 0.7852 0.7688 0.7788
May 0.8216 0.7682 0.8083
June 0.8100 0.7848 0.8007
July 0.8433 0.7926 0.8157
August 0.8267 0.8030 0.8132
September 0.8234 0.8042 0.8149
October 0.8538 0.8240 0.8435
November 0.9482 0.8547 0.9048
December 0.9721 0.9365 0.9621