YEARLY HIGH
1.0878 TRY
YEARLY LOW
0.9187 TRY
YEARLY AVERAGE
0.9917 TRY

2017 QAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 1.0878. Conversely, the yearly low was recorded on September 11, dropping to 0.9187.

This high-to-low spread represents a total annual volatility of 0.1691 TRY. From a start-to-finish perspective, comparing the January average rate of 1.0278 to the December average rate of 1.0464, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0878 was up 11.90% compared to the 2016 peak of 0.9721, 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 5,439 TRY
2016 Average 4,154 TRY
Yearly Trough Low 4,593 TRY
Transaction Impact: A difference of 845.62 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0573
0.9266
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 0.9969, compared to 0.9865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.9969
H2 Avg (Jul–Dec) 0.9865

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0970 TRY (High: 1.0649 / Low: 0.9679). On the other end, May was the most stable month, with a tight range of 0.0274 TRY (High: 0.9952 / Low: 0.9678).

January Spread (Volatile) ±0.0970
May Spread (Stable) ±0.0274

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0226 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.0230) against the same month in 2016 (average: 0.9048), the exchange rate shifted by +0.1182 (+13.06%).

2017 Avg (November) 1.0230
2016 Avg (November) 0.9048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0649 0.9679 1.0278
February 1.0362 0.9802 1.0057
March 1.0366 0.9892 1.0086
April 1.0245 0.9752 1.0023
May 0.9952 0.9678 0.9797
June 0.9726 0.9229 0.9572
July 0.9949 0.9427 0.9697
August 0.9731 0.9341 0.9585
September 0.9631 0.9187 0.9375
October 1.0487 0.9624 0.9841
November 1.0878 0.9938 1.0230
December 1.0672 1.0355 1.0464