YEARLY HIGH
9.5542 GMD
YEARLY LOW
8.0509 GMD
YEARLY AVERAGE
8.8298 GMD

2019 TRY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 9.5542. Conversely, the yearly low was recorded on May 9, dropping to 8.0509.

This high-to-low spread represents a total annual volatility of 1.5033 GMD. From a start-to-finish perspective, comparing the January average rate of 9.2385 to the December average rate of 8.7645, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.5542 was down 26.36% compared to the 2018 peak of 12.9739, 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 477,710 GMD
2018 Average 511,140 GMD
Yearly Trough Low 402,543 GMD
Transaction Impact: A difference of 75,166.42 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.5116
8.1029
JanuMarcMayJulySeptNove

TRY to GMD 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 8.8365, compared to 8.8232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 8.8365
H2 Avg (Jul–Dec) 8.8232

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.6938 GMD (High: 9.0154 / Low: 8.3215). On the other end, November was the most stable month, with a tight range of 0.1526 GMD (High: 9.0024 / Low: 8.8498).

April Spread (Volatile) ±0.6938
November Spread (Stable) ±0.1526

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.4622 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 9.2385) against the same month in 2018 (average: 12.7283), the exchange rate shifted by -3.4898 (-27.42%).

2019 Avg (January) 9.2385
2018 Avg (January) 12.7283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.5542 8.9442 9.2385
February 9.5209 9.2725 9.3942
March 9.2600 8.6240 9.0511
April 9.0154 8.3215 8.5889
May 8.5239 8.0509 8.2202
June 8.6584 8.4197 8.5259
July 8.9874 8.6578 8.7931
August 9.1316 8.5949 8.8823
September 8.9295 8.6494 8.8218
October 8.9780 8.5075 8.7596
November 9.0024 8.8498 8.9180
December 8.9363 8.6152 8.7645