YEARLY HIGH
448.9645 MMK
YEARLY LOW
372.0836 MMK
YEARLY AVERAGE
409.1331 MMK

2016 TRY to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 448.9645. Conversely, the yearly low was recorded on December 4, dropping to 372.0836.

This high-to-low spread represents a total annual volatility of 76.8809 MMK. From a start-to-finish perspective, comparing the January average rate of 433.0410 to the December average rate of 385.3054, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 448.9645 was down 1.71% compared to the 2015 peak of 456.7951, 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 22,448,224 MMK
2015 Average 20,393,923 MMK
Yearly Trough Low 18,604,178 MMK
Transaction Impact: A difference of 3,844,045.96 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

437.8145
380.5319
JanuMarcMayJulySeptNove

TRY to MMK 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 416.9160, compared to 401.3502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.5657 points.

H1 Avg (Jan–Jun) 416.9160
H2 Avg (Jul–Dec) 401.3502

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 33.4261 MMK (High: 413.9379 / Low: 380.5118). On the other end, March was the most stable month, with a tight range of 8.6773 MMK (High: 427.5218 / Low: 418.8446).

November Spread (Volatile) ±33.4261
March Spread (Stable) ±8.6773

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 20.3160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.3160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 433.0410) against the same month in 2015 (average: 440.3073), the exchange rate shifted by -7.2663 (-1.65%).

2016 Avg (January) 433.0410
2015 Avg (January) 440.3073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 448.9645 426.0007 433.0410
February 439.7648 414.5598 423.2992
March 427.5218 418.8446 422.0909
April 432.1784 408.8836 417.1511
May 417.8091 392.6309 398.6686
June 416.5971 400.2385 407.2449
July 407.9110 384.9340 396.9463
August 410.5544 393.2830 402.9969
September 423.1327 407.0267 414.1598
October 420.0677 405.2705 414.5045
November 413.9379 380.5118 394.1885
December 395.3137 372.0836 385.3054