YEARLY HIGH
0.4288 TRY
YEARLY LOW
0.3600 TRY
YEARLY AVERAGE
0.3935 TRY

2019 SZL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.4288. Conversely, the yearly low was recorded on August 11, dropping to 0.3600.

This high-to-low spread represents a total annual volatility of 0.0688 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3861 to the December average rate of 0.4065, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4288 was down 13.45% compared to the 2018 peak of 0.4954, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,144 TRY
2018 Average 1,817 TRY
Yearly Trough Low 1,800 TRY
Transaction Impact: A difference of 344.03 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4234
0.3697
JanuMarcMayJulySeptNove

SZL 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 0.3961, compared to 0.3910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.3961
H2 Avg (Jul–Dec) 0.3910

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0345 TRY (High: 0.3944 / Low: 0.3600). On the other end, November was the most stable month, with a tight range of 0.0159 TRY (High: 0.3932 / Low: 0.3773).

August Spread (Volatile) ±0.0345
November Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0297 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.4189) against the same month in 2018 (average: 0.3532), the exchange rate shifted by +0.0658 (+18.62%).

2019 Avg (May) 0.4189
2018 Avg (May) 0.3532

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3968 0.3688 0.3861
February 0.3937 0.3735 0.3826
March 0.4013 0.3710 0.3819
April 0.4168 0.3880 0.4084
May 0.4288 0.4008 0.4189
June 0.4082 0.3875 0.3985
July 0.4121 0.3914 0.4039
August 0.3944 0.3600 0.3742
September 0.3928 0.3707 0.3848
October 0.4007 0.3736 0.3888
November 0.3932 0.3773 0.3877
December 0.4242 0.3926 0.4065