YEARLY HIGH
1.0060 TRY
YEARLY LOW
0.5394 TRY
YEARLY AVERAGE
0.7005 TRY

2018 BOB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.0060. Conversely, the yearly low was recorded on January 7, dropping to 0.5394.

This high-to-low spread represents a total annual volatility of 0.4667 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5456 to the December average rate of 0.7684, the exchange rate registered a net change of 40.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0060 was up 76.00% compared to the 2017 peak of 0.5716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,030 TRY
2017 Average 2,628 TRY
Yearly Trough Low 2,697 TRY
Transaction Impact: A difference of 2,333.34 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9499
0.5089
JanuMarcMayJulySeptNove

BOB 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 0.5926, compared to 0.8085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2159 points.

H1 Avg (Jan–Jun) 0.5926
H2 Avg (Jul–Dec) 0.8085

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2855 TRY (High: 1.0060 / Low: 0.7205). On the other end, January was the most stable month, with a tight range of 0.0128 TRY (High: 0.5522 / Low: 0.5394).

August Spread (Volatile) ±0.2855
January Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0714 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.8599) against the same month in 2017 (average: 0.5038), the exchange rate shifted by +0.3562 (+70.70%).

2018 Avg (August) 0.8599
2017 Avg (August) 0.5038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5522 0.5394 0.5456
February 0.5534 0.5405 0.5477
March 0.5808 0.5495 0.5634
April 0.5989 0.5728 0.5880
May 0.6884 0.5933 0.6409
June 0.6867 0.6469 0.6699
July 0.7122 0.6617 0.6912
August 1.0060 0.7205 0.8599
September 0.9636 0.8691 0.9131
October 0.8951 0.7918 0.8417
November 0.8003 0.7485 0.7764
December 0.7799 0.7519 0.7684