YEARLY HIGH
8.8717 TRY
YEARLY LOW
5.0694 TRY
YEARLY AVERAGE
6.4287 TRY

2018 SHP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SHP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 8.8717. Conversely, the yearly low was recorded on January 7, dropping to 5.0694.

This high-to-low spread represents a total annual volatility of 3.8023 TRY. From a start-to-finish perspective, comparing the January average rate of 5.2117 to the December average rate of 6.7278, the exchange rate registered a net change of 29.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 8.8717 was up 67.08% compared to the 2017 peak of 5.3099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,359 TRY
2017 Average 23,500 TRY
Yearly Trough Low 25,347 TRY
Transaction Impact: A difference of 19,011.52 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

8.5353
4.9096
JanuMarcMayJulySeptNove

SHP 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 5.6281, compared to 7.2293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6012 points.

H1 Avg (Jan–Jun) 5.6281
H2 Avg (Jul–Dec) 7.2293

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2.3308 TRY (High: 8.8717 / Low: 6.5409). On the other end, February was the most stable month, with a tight range of 0.0983 TRY (High: 5.3292 / Low: 5.2310).

August Spread (Volatile) ±2.3308
February Spread (Stable) ±0.0983

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6613 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.6613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 7.6401) against the same month in 2017 (average: 4.5437), the exchange rate shifted by +3.0964 (+68.15%).

2018 Avg (August) 7.6401
2017 Avg (August) 4.5437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.3504 5.0694 5.2117
February 5.3292 5.2310 5.2878
March 5.6524 5.2468 5.4398
April 5.8762 5.5522 5.7124
May 6.3667 5.5918 5.9622
June 6.2955 5.9982 6.1549
July 6.4596 6.0647 6.2867
August 8.8717 6.5409 7.6401
September 8.5653 7.8581 8.2332
October 8.0931 6.9535 7.5719
November 7.1837 6.6096 6.9163
December 6.8539 6.6273 6.7278