YEARLY HIGH
0.1447 TRY
YEARLY LOW
0.0771 TRY
YEARLY AVERAGE
0.1005 TRY

2018 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.1447. Conversely, the yearly low was recorded on January 28, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0676 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0786 to the December average rate of 0.1074, the exchange rate registered a net change of 36.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1447 was up 62.35% compared to the 2017 peak of 0.0891, 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 723 TRY
2017 Average 398 TRY
Yearly Trough Low 385 TRY
Transaction Impact: A difference of 338.08 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1353
0.0734
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 0.0865, compared to 0.1145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.0865
H2 Avg (Jul–Dec) 0.1145

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0410 TRY (High: 0.1447 / Low: 0.1037). On the other end, January was the most stable month, with a tight range of 0.0030 TRY (High: 0.0801 / Low: 0.0771).

August Spread (Volatile) ±0.0410
January Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0126 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1235) against the same month in 2017 (average: 0.0764), the exchange rate shifted by +0.0471 (+61.64%).

2018 Avg (August) 0.1235
2017 Avg (August) 0.0764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0801 0.0771 0.0786
February 0.0810 0.0779 0.0800
March 0.0847 0.0805 0.0823
April 0.0877 0.0835 0.0860
May 0.1009 0.0871 0.0939
June 0.1006 0.0947 0.0981
July 0.1035 0.0968 0.1000
August 0.1447 0.1037 0.1235
September 0.1387 0.1220 0.1301
October 0.1247 0.1107 0.1175
November 0.1117 0.1044 0.1082
December 0.1089 0.1050 0.1074