2018 TRY to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TRY to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 472.4836. Conversely, the yearly low was recorded on August 13, dropping to 255.6964.
This high-to-low spread represents a total annual volatility of 216.7872 BIF. From a start-to-finish perspective, comparing the January average rate of 467.5282 to the December average rate of 340.3742, the exchange rate registered a net change of -27.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 472.4836 was down 8.05% compared to the 2017 peak of 513.8214, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 434.5948, compared to 323.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 111.3967 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 100.4958 BIF (High: 356.1922 / Low: 255.6964). On the other end, February was the most stable month, with a tight range of 10.8453 BIF (High: 471.8049 / Low: 460.9596).
Growth Streaks & Declines
TrendsBetween 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 69.7607 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 467.5282) against the same month in 2017 (average: 449.2236), the exchange rate shifted by +18.3047 (+4.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 472.4836 | 460.5786 | 467.5282 |
| February | 471.8049 | 460.9596 | 466.2759 |
| March | 467.3178 | 440.0140 | 453.8568 |
| April | 449.9939 | 426.4057 | 436.1805 |
| May | 431.6666 | 371.7144 | 400.6000 |
| June | 398.9244 | 372.5555 | 383.1277 |
| July | 390.3959 | 359.2487 | 371.3799 |
| August | 356.1922 | 255.6964 | 301.6191 |
| September | 295.9983 | 265.9180 | 281.4751 |
| October | 327.5845 | 286.8115 | 308.5271 |
| November | 348.1648 | 324.5320 | 335.8134 |
| December | 346.3085 | 335.0800 | 340.3742 |