YEARLY HIGH
584.8877 BIF
YEARLY LOW
471.7851 BIF
YEARLY AVERAGE
535.8700 BIF

2016 TRY to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 584.8877. Conversely, the yearly low was recorded on December 4, dropping to 471.7851.

This high-to-low spread represents a total annual volatility of 113.1026 BIF. From a start-to-finish perspective, comparing the January average rate of 520.3952 to the December average rate of 478.3071, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 584.8877 was down 14.90% compared to the 2015 peak of 687.2725, 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 29,244,387 BIF
2015 Average 28,907,239 BIF
Yearly Trough Low 23,589,256 BIF
Transaction Impact: A difference of 5,655,130.69 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

569.7292
469.9961
JanuMarcMayJulySeptNove

TRY to BIF 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 536.7753, compared to 534.9648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8105 points.

H1 Avg (Jan–Jun) 536.7753
H2 Avg (Jul–Dec) 534.9648

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 57.9980 BIF (High: 584.8877 / Low: 526.8898). On the other end, September was the most stable month, with a tight range of 12.9745 BIF (High: 567.8525 / Low: 554.8780).

June Spread (Volatile) ±57.9980
September Spread (Stable) ±12.9745

Growth Streaks & Declines

Trends

Between January and April, 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 34.5352 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.5352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 550.7883) against the same month in 2015 (average: 580.5933), the exchange rate shifted by -29.8050 (-5.13%).

2016 Avg (June) 550.7883
2015 Avg (June) 580.5933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 535.2150 509.2593 520.3952
February 536.3013 521.8984 529.7157
March 554.0973 533.7353 541.7535
April 557.1169 541.5919 547.9757
May 554.6866 521.5333 530.0234
June 584.8877 526.8898 550.7883
July 574.7902 537.9463 558.3458
August 568.5709 550.5081 561.4181
September 567.8525 554.8780 560.8767
October 555.1767 535.0361 542.6880
November 538.1955 483.5997 508.1528
December 492.2051 471.7851 478.3071