YEARLY HIGH
0.1730 TRY
YEARLY LOW
0.1337 TRY
YEARLY AVERAGE
0.1527 TRY

2017 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1730. Conversely, the yearly low was recorded on October 16, dropping to 0.1337.

This high-to-low spread represents a total annual volatility of 0.0393 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1659 to the December average rate of 0.1403, the exchange rate registered a net change of -15.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1730 was up 9.25% compared to the 2016 peak of 0.1584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 865 TRY
2016 Average 692 TRY
Yearly Trough Low 669 TRY
Transaction Impact: A difference of 196.50 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1684
0.1378
JanuMarcMayJulySeptNove

ETB 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 0.1593, compared to 0.1461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.1593
H2 Avg (Jul–Dec) 0.1461

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0244 TRY (High: 0.1582 / Low: 0.1337). On the other end, May was the most stable month, with a tight range of 0.0038 TRY (High: 0.1574 / Low: 0.1536).

October Spread (Volatile) ±0.0244
May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0049 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1659) against the same month in 2016 (average: 0.1413), the exchange rate shifted by +0.0246 (+17.40%).

2017 Avg (January) 0.1659
2016 Avg (January) 0.1413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1730 0.1568 0.1659
February 0.1670 0.1569 0.1615
March 0.1667 0.1580 0.1616
April 0.1638 0.1544 0.1597
May 0.1574 0.1536 0.1551
June 0.1546 0.1499 0.1524
July 0.1557 0.1511 0.1531
August 0.1525 0.1464 0.1503
September 0.1516 0.1447 0.1476
October 0.1582 0.1337 0.1428
November 0.1454 0.1390 0.1425
December 0.1434 0.1379 0.1403