YEARLY HIGH
4.4819 TRY
YEARLY LOW
3.7414 TRY
YEARLY AVERAGE
4.0885 TRY

2016 FKP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 4.4819. Conversely, the yearly low was recorded on July 10, dropping to 3.7414.

This high-to-low spread represents a total annual volatility of 0.7405 TRY. From a start-to-finish perspective, comparing the January average rate of 4.3231 to the December average rate of 4.3706, the exchange rate registered a net change of 1.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.4819 was down 4.90% compared to the 2015 peak of 4.7130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,410 TRY
2015 Average 20,826 TRY
Yearly Trough Low 18,707 TRY
Transaction Impact: A difference of 3,702.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.4284
3.7354
JanuMarcMayJulySeptNove

FKP 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 4.1854, compared to 3.9916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1938 points.

H1 Avg (Jan–Jun) 4.1854
H2 Avg (Jul–Dec) 3.9916

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4983 TRY (High: 4.3079 / Low: 3.8097). On the other end, March was the most stable month, with a tight range of 0.1021 TRY (High: 4.1578 / Low: 4.0557).

November Spread (Volatile) ±0.4983
March Spread (Stable) ±0.1021

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.2335 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 4.3706) against the same month in 2015 (average: 4.3792), the exchange rate shifted by -0.0086 (-0.20%).

2016 Avg (December) 4.3706
2015 Avg (December) 4.3792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4159 4.2082 4.3231
February 4.2647 4.0917 4.2140
March 4.1578 4.0557 4.1104
April 4.1204 4.0067 4.0556
May 4.3371 4.0803 4.2690
June 4.2773 3.8346 4.1405
July 4.0715 3.7414 3.9070
August 4.0095 3.7941 3.8756
September 3.9616 3.8411 3.9011
October 3.8942 3.7417 3.7932
November 4.3079 3.8097 4.1020
December 4.4819 4.3050 4.3706