YEARLY HIGH
1.0886 QAR
YEARLY LOW
0.9193 QAR
YEARLY AVERAGE
1.0096 QAR

2017 TRY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 1.0886. Conversely, the yearly low was recorded on November 29, dropping to 0.9193.

This high-to-low spread represents a total annual volatility of 0.1692 QAR. From a start-to-finish perspective, comparing the January average rate of 0.9737 to the December average rate of 0.9557, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0886 was down 16.37% compared to the 2016 peak of 1.3017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 54,428 QAR
2016 Average 60,403 QAR
Yearly Trough Low 45,965 QAR
Transaction Impact: A difference of 8,462.24 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0780
0.9446
JanuMarcMayJulySeptNove

TRY to QAR 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 1.0039, compared to 1.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 1.0039
H2 Avg (Jul–Dec) 1.0154

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0941 QAR (High: 1.0332 / Low: 0.9391). On the other end, May was the most stable month, with a tight range of 0.0285 QAR (High: 1.0333 / Low: 1.0048).

January Spread (Volatile) ±0.0941
May Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0504 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.0669) against the same month in 2016 (average: 1.2271), the exchange rate shifted by -0.1602 (-13.06%).

2017 Avg (September) 1.0669
2016 Avg (September) 1.2271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0332 0.9391 0.9737
February 1.0202 0.9650 0.9945
March 1.0109 0.9647 0.9917
April 1.0254 0.9761 0.9980
May 1.0333 1.0048 1.0208
June 1.0836 1.0281 1.0449
July 1.0607 1.0051 1.0314
August 1.0705 1.0276 1.0435
September 1.0886 1.0383 1.0669
October 1.0391 0.9535 1.0166
November 1.0063 0.9193 0.9780
December 0.9658 0.9370 0.9557