YEARLY HIGH
2.4898 TRY
YEARLY LOW
2.0567 TRY
YEARLY AVERAGE
2.1894 TRY

2016 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.4898. Conversely, the yearly low was recorded on January 3, dropping to 2.0567.

This high-to-low spread represents a total annual volatility of 0.4331 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0967 to the December average rate of 2.4391, the exchange rate registered a net change of 16.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4898 was up 14.82% compared to the 2015 peak of 2.1684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,449 TRY
2015 Average 9,905 TRY
Yearly Trough Low 10,283 TRY
Transaction Impact: A difference of 2,165.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4733
2.0625
JanuMarcMayJulySeptNove

BND 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 2.1160, compared to 2.2627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1467 points.

H1 Avg (Jan–Jun) 2.1160
H2 Avg (Jul–Dec) 2.2627

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1769 TRY (High: 2.4181 / Low: 2.2412). On the other end, March was the most stable month, with a tight range of 0.0266 TRY (High: 2.1136 / Low: 2.0869).

November Spread (Volatile) ±0.1769
March Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0139 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.4391) against the same month in 2015 (average: 2.0764), the exchange rate shifted by +0.3626 (+17.46%).

2016 Avg (December) 2.4391
2015 Avg (December) 2.0764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1184 2.0567 2.0967
February 2.1245 2.0664 2.0972
March 2.1136 2.0869 2.1012
April 2.1144 2.0839 2.1005
May 2.1695 2.0844 2.1487
June 2.1712 2.1198 2.1516
July 2.2645 2.1433 2.2003
August 2.2425 2.1688 2.1973
September 2.2001 2.1655 2.1834
October 2.2374 2.2008 2.2217
November 2.4181 2.2412 2.3347
December 2.4898 2.4074 2.4391