YEARLY HIGH
2.0941 HKD
YEARLY LOW
1.1292 HKD
YEARLY AVERAGE
1.6718 HKD

2018 TRY to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.0941. Conversely, the yearly low was recorded on August 13, dropping to 1.1292.

This high-to-low spread represents a total annual volatility of 0.9649 HKD. From a start-to-finish perspective, comparing the January average rate of 2.0735 to the December average rate of 1.4730, the exchange rate registered a net change of -28.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0941 was down 8.74% compared to the 2017 peak of 2.2946, 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 104,707 HKD
2017 Average 107,001 HKD
Yearly Trough Low 56,462 HKD
Transaction Impact: A difference of 48,245.54 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1566
1.1591
JanuMarcMayJulySeptNove

TRY to HKD 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 1.9261, compared to 1.4174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5087 points.

H1 Avg (Jan–Jun) 1.9261
H2 Avg (Jul–Dec) 1.4174

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.4456 HKD (High: 1.5749 / Low: 1.1292). On the other end, February was the most stable month, with a tight range of 0.0490 HKD (High: 2.0940 / Low: 2.0450).

August Spread (Volatile) ±0.4456
February Spread (Stable) ±0.0490

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 0.3122 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.0735) against the same month in 2017 (average: 2.0741), the exchange rate shifted by -0.0007 (-0.03%).

2018 Avg (January) 2.0735
2017 Avg (January) 2.0741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0941 2.0414 2.0735
February 2.0940 2.0450 2.0664
March 2.0619 1.9550 2.0146
April 1.9842 1.8954 1.9320
May 1.9103 1.6496 1.7748
June 1.7543 1.6532 1.6954
July 1.7173 1.5956 1.6455
August 1.5749 1.1292 1.3334
September 1.3006 1.1784 1.2423
October 1.4336 1.2665 1.3497
November 1.5131 1.4181 1.4607
December 1.5050 1.4483 1.4730