YEARLY HIGH
2.9778 TRY
YEARLY LOW
2.3966 TRY
YEARLY AVERAGE
2.6914 TRY

2011 SHP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SHP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.9778. Conversely, the yearly low was recorded on January 6, dropping to 2.3966.

This high-to-low spread represents a total annual volatility of 0.5812 TRY. From a start-to-finish perspective, comparing the January average rate of 2.4711 to the December average rate of 2.9176, the exchange rate registered a net change of 18.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.9778 was up 22.45% compared to the 2010 peak of 2.4319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,889 TRY
2010 Average 11,643 TRY
Yearly Trough Low 11,983 TRY
Transaction Impact: A difference of 2,906.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9623
2.4264
JanuMarcMayJulySeptNove

SHP 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 2.5412, compared to 2.8417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3004 points.

H1 Avg (Jan–Jun) 2.5412
H2 Avg (Jul–Dec) 2.8417

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.2225 TRY (High: 2.8046 / Low: 2.5821). On the other end, June was the most stable month, with a tight range of 0.0616 TRY (High: 2.6271 / Low: 2.5656).

July Spread (Volatile) ±0.2225
June Spread (Stable) ±0.0616

Growth Streaks & Declines

Trends

Between April and August, 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 0.0609 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.9176) against the same month in 2010 (average: 2.3763), the exchange rate shifted by +0.5413 (+22.78%).

2011 Avg (December) 2.9176
2010 Avg (December) 2.3763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5593 2.3966 2.4711
February 2.5987 2.5337 2.5638
March 2.6397 2.4802 2.5509
April 2.5355 2.4621 2.4900
May 2.6456 2.5246 2.5757
June 2.6271 2.5656 2.5960
July 2.8046 2.5821 2.6748
August 2.9496 2.7435 2.8730
September 2.8947 2.7890 2.8365
October 2.9401 2.8115 2.8836
November 2.9131 2.8183 2.8643
December 2.9778 2.8505 2.9176