YEARLY HIGH
0.0234 TRY
YEARLY LOW
0.0184 TRY
YEARLY AVERAGE
0.0212 TRY

2011 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0234. Conversely, the yearly low was recorded on January 6, dropping to 0.0184.

This high-to-low spread represents a total annual volatility of 0.0050 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0223, the exchange rate registered a net change of 17.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0234 was up 19.05% compared to the 2010 peak of 0.0196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 TRY
2010 Average 91 TRY
Yearly Trough Low 92 TRY
Transaction Impact: A difference of 24.94 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0232
0.0186
JanuMarcMayJulySeptNove

CVE 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 0.0200, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0200
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0015 TRY (High: 0.0199 / Low: 0.0184). On the other end, December was the most stable month, with a tight range of 0.0004 TRY (High: 0.0226 / Low: 0.0221).

January Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0228) against the same month in 2010 (average: 0.0177), the exchange rate shifted by +0.0052 (+29.23%).

2011 Avg (August) 0.0228
2010 Avg (August) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0199 0.0184 0.0190
February 0.0201 0.0194 0.0197
March 0.0204 0.0198 0.0200
April 0.0205 0.0196 0.0199
May 0.0208 0.0202 0.0205
June 0.0214 0.0205 0.0209
July 0.0224 0.0209 0.0214
August 0.0234 0.0219 0.0228
September 0.0229 0.0220 0.0224
October 0.0233 0.0223 0.0227
November 0.0227 0.0220 0.0223
December 0.0226 0.0221 0.0223