YEARLY HIGH
3.4580 TRY
YEARLY LOW
1.8543 TRY
YEARLY AVERAGE
2.4072 TRY

2018 BZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 3.4580. Conversely, the yearly low was recorded on January 7, dropping to 1.8543.

This high-to-low spread represents a total annual volatility of 1.6037 TRY. From a start-to-finish perspective, comparing the January average rate of 1.8766 to the December average rate of 2.6344, the exchange rate registered a net change of 40.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.4580 was up 74.76% compared to the 2017 peak of 1.9787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,290 TRY
2017 Average 9,066 TRY
Yearly Trough Low 9,271 TRY
Transaction Impact: A difference of 8,018.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.2674
1.7501
JanuMarcMayJulySeptNove

BZD 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 2.0375, compared to 2.7769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7394 points.

H1 Avg (Jan–Jun) 2.0375
H2 Avg (Jul–Dec) 2.7769

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.9792 TRY (High: 3.4580 / Low: 2.4789). On the other end, January was the most stable month, with a tight range of 0.0441 TRY (High: 1.8984 / Low: 1.8543).

August Spread (Volatile) ±0.9792
January Spread (Stable) ±0.0441

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 0.2473 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 2.9560) against the same month in 2017 (average: 1.7415), the exchange rate shifted by +1.2145 (+69.74%).

2018 Avg (August) 2.9560
2017 Avg (August) 1.7415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8984 1.8543 1.8766
February 1.9032 1.8585 1.8829
March 1.9969 1.8897 1.9376
April 2.0608 1.9692 2.0214
May 2.3667 2.0387 2.2034
June 2.3608 2.2238 2.3032
July 2.4485 2.2743 2.3741
August 3.4580 2.4789 2.9560
September 3.3126 2.9874 3.1410
October 3.0775 2.7239 2.8937
November 2.7491 2.5656 2.6622
December 2.6734 2.5663 2.6344