YEARLY HIGH
0.0023 TRY
YEARLY LOW
0.0019 TRY
YEARLY AVERAGE
0.0021 TRY

2017 BIF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0023. Conversely, the yearly low was recorded on September 11, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0022, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0023 was up 9.69% compared to the 2016 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 TRY
2016 Average 9 TRY
Yearly Trough Low 10 TRY
Transaction Impact: A difference of 1.89 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0023
0.0020
JanuMarcMayJulySeptNove

BIF 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 0.0021, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0002 TRY (High: 0.0023 / Low: 0.0021). On the other end, June was the most stable month, with a tight range of 0.0000 TRY (High: 0.0021 / Low: 0.0020).

January Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0022) against the same month in 2016 (average: 0.0019), the exchange rate shifted by +0.0003 (+15.90%).

2017 Avg (January) 0.0022
2016 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0021 0.0022
February 0.0022 0.0021 0.0022
March 0.0022 0.0021 0.0022
April 0.0022 0.0021 0.0022
May 0.0021 0.0020 0.0021
June 0.0021 0.0020 0.0020
July 0.0021 0.0020 0.0021
August 0.0021 0.0020 0.0020
September 0.0021 0.0019 0.0020
October 0.0022 0.0020 0.0021
November 0.0023 0.0022 0.0022
December 0.0022 0.0022 0.0022