YEARLY HIGH
1.8540 BOB
YEARLY LOW
0.9940 BOB
YEARLY AVERAGE
1.4740 BOB

2018 TRY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.8540. Conversely, the yearly low was recorded on August 13, dropping to 0.9940.

This high-to-low spread represents a total annual volatility of 0.8600 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8328 to the December average rate of 1.3015, the exchange rate registered a net change of -28.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8540 was down 9.72% compared to the 2017 peak of 2.0536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 92,701 BOB
2017 Average 95,264 BOB
Yearly Trough Low 49,700 BOB
Transaction Impact: A difference of 43,000.71 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9065
1.0224
JanuMarcMayJulySeptNove

TRY to BOB 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 1.6985, compared to 1.2494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4491 points.

H1 Avg (Jan–Jun) 1.6985
H2 Avg (Jul–Dec) 1.2494

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.3939 BOB (High: 1.3879 / Low: 0.9940). On the other end, January was the most stable month, with a tight range of 0.0431 BOB (High: 1.8540 / Low: 1.8109).

August Spread (Volatile) ±0.3939
January Spread (Stable) ±0.0431

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2742 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.8328) against the same month in 2017 (average: 1.8503), the exchange rate shifted by -0.0174 (-0.94%).

2018 Avg (January) 1.8328
2017 Avg (January) 1.8503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8540 1.8109 1.8328
February 1.8502 1.8069 1.8258
March 1.8199 1.7216 1.7757
April 1.7458 1.6698 1.7008
May 1.6854 1.4526 1.5628
June 1.5459 1.4562 1.4934
July 1.5113 1.4040 1.4475
August 1.3879 0.9940 1.1732
September 1.1507 1.0378 1.0961
October 1.2629 1.1172 1.1898
November 1.3361 1.2496 1.2884
December 1.3299 1.2823 1.3015