YEARLY HIGH
0.1267 TRY
YEARLY LOW
0.0897 TRY
YEARLY AVERAGE
0.1067 TRY

2011 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.1267. Conversely, the yearly low was recorded on April 8, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0370 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1231 to the December average rate of 0.1084, the exchange rate registered a net change of -11.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1267 was down 11.54% compared to the 2010 peak of 0.1433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 634 TRY
2010 Average 652 TRY
Yearly Trough Low 448 TRY
Transaction Impact: A difference of 185.21 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1277
0.0905
JanuMarcMayJulySeptNove

ETB 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 0.1090, compared to 0.1044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1090
H2 Avg (Jul–Dec) 0.1044

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0304 TRY (High: 0.1201 / Low: 0.0897). On the other end, February was the most stable month, with a tight range of 0.0022 TRY (High: 0.1259 / Low: 0.1237).

April Spread (Volatile) ±0.0304
February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0292 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.1235) against the same month in 2010 (average: 0.1377), the exchange rate shifted by -0.0142 (-10.31%).

2011 Avg (March) 0.1235
2010 Avg (March) 0.1377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1259 0.1207 0.1231
February 0.1259 0.1237 0.1246
March 0.1267 0.1207 0.1235
April 0.1201 0.0897 0.0943
May 0.0954 0.0904 0.0936
June 0.0971 0.0932 0.0947
July 0.1011 0.0945 0.0975
August 0.1050 0.0987 0.1030
September 0.1086 0.1009 0.1050
October 0.1110 0.1018 0.1068
November 0.1096 0.1026 0.1056
December 0.1108 0.1058 0.1084