YEARLY HIGH
0.0891 TRY
YEARLY LOW
0.0739 TRY
YEARLY AVERAGE
0.0796 TRY

2017 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0891. Conversely, the yearly low was recorded on September 10, dropping to 0.0739.

This high-to-low spread represents a total annual volatility of 0.0152 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0859 to the December average rate of 0.0808, the exchange rate registered a net change of -6.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0891 was up 7.58% compared to the 2016 peak of 0.0829, 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 446 TRY
2016 Average 360 TRY
Yearly Trough Low 369 TRY
Transaction Impact: A difference of 76.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0870
0.0743
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 0.0809, compared to 0.0784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0809
H2 Avg (Jul–Dec) 0.0784

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0066 TRY (High: 0.0891 / Low: 0.0825). On the other end, June was the most stable month, with a tight range of 0.0013 TRY (High: 0.0773 / Low: 0.0760).

January Spread (Volatile) ±0.0066
June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0859) against the same month in 2016 (average: 0.0760), the exchange rate shifted by +0.0100 (+13.11%).

2017 Avg (January) 0.0859
2016 Avg (January) 0.0760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0891 0.0825 0.0859
February 0.0864 0.0803 0.0829
March 0.0845 0.0800 0.0821
April 0.0823 0.0785 0.0807
May 0.0786 0.0764 0.0774
June 0.0773 0.0760 0.0765
July 0.0787 0.0764 0.0773
August 0.0778 0.0746 0.0764
September 0.0776 0.0739 0.0754
October 0.0807 0.0753 0.0782
November 0.0836 0.0802 0.0821
December 0.0828 0.0793 0.0808