YEARLY HIGH
0.4565 TRY
YEARLY LOW
0.3604 TRY
YEARLY AVERAGE
0.3896 TRY

2016 HKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.4565. Conversely, the yearly low was recorded on May 1, dropping to 0.3604.

This high-to-low spread represents a total annual volatility of 0.0960 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3858 to the December average rate of 0.4515, the exchange rate registered a net change of 17.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4565 was up 15.77% compared to the 2015 peak of 0.3943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 11,412 TRY
2015 Average 8,787 TRY
Yearly Trough Low 9,011 TRY
Transaction Impact: A difference of 2,400.93 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4601
0.3570
JanuMarcMayJulySeptNove

HKD 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 0.3759, compared to 0.4033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.3759
H2 Avg (Jul–Dec) 0.4033

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0439 TRY (High: 0.4452 / Low: 0.4013). On the other end, April was the most stable month, with a tight range of 0.0078 TRY (High: 0.3685 / Low: 0.3607).

November Spread (Volatile) ±0.0439
April Spread (Stable) ±0.0078

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 January and February, when the average rate fell by 0.0074 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4515) against the same month in 2015 (average: 0.3769), the exchange rate shifted by +0.0746 (+19.81%).

2016 Avg (December) 0.4515
2015 Avg (December) 0.3769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3912 0.3762 0.3858
February 0.3848 0.3744 0.3784
March 0.3788 0.3639 0.3713
April 0.3685 0.3607 0.3656
May 0.3852 0.3604 0.3790
June 0.3795 0.3685 0.3755
July 0.3959 0.3722 0.3829
August 0.3881 0.3769 0.3817
September 0.3866 0.3776 0.3826
October 0.4009 0.3869 0.3960
November 0.4452 0.4013 0.4248
December 0.4565 0.4397 0.4515