YEARLY HIGH
0.0829 TRY
YEARLY LOW
0.0655 TRY
YEARLY AVERAGE
0.0721 TRY

2016 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0829. Conversely, the yearly low was recorded on May 2, dropping to 0.0655.

This high-to-low spread represents a total annual volatility of 0.0173 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0760 to the December average rate of 0.0818, the exchange rate registered a net change of 7.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0829 was up 5.72% compared to the 2015 peak of 0.0784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414 TRY
2015 Average 332 TRY
Yearly Trough Low 328 TRY
Transaction Impact: A difference of 86.64 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0834
0.0649
JanuMarcMayJulySeptNove

GMD 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 0.0709, compared to 0.0733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0709
H2 Avg (Jul–Dec) 0.0733

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0091 TRY (High: 0.0751 / Low: 0.0660). On the other end, April was the most stable month, with a tight range of 0.0014 TRY (High: 0.0670 / Low: 0.0656).

March Spread (Volatile) ±0.0091
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0046 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0818) against the same month in 2015 (average: 0.0739), the exchange rate shifted by +0.0079 (+10.72%).

2016 Avg (December) 0.0818
2015 Avg (December) 0.0739

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0772 0.0738 0.0760
February 0.0755 0.0738 0.0746
March 0.0751 0.0660 0.0710
April 0.0670 0.0656 0.0665
May 0.0700 0.0655 0.0688
June 0.0692 0.0667 0.0683
July 0.0719 0.0676 0.0696
August 0.0706 0.0684 0.0694
September 0.0706 0.0686 0.0696
October 0.0730 0.0705 0.0720
November 0.0812 0.0727 0.0771
December 0.0829 0.0798 0.0818