YEARLY HIGH
350.1131 BIF
YEARLY LOW
297.5179 BIF
YEARLY AVERAGE
324.6052 BIF

2019 TRY to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 350.1131. Conversely, the yearly low was recorded on May 8, dropping to 297.5179.

This high-to-low spread represents a total annual volatility of 52.5952 BIF. From a start-to-finish perspective, comparing the January average rate of 336.8626 to the December average rate of 320.5346, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 350.1131 was down 25.90% compared to the 2018 peak of 472.4836, 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 17,505,655 BIF
2018 Average 18,919,735 BIF
Yearly Trough Low 14,875,896 BIF
Transaction Impact: A difference of 2,629,758.77 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

347.8969
300.3191
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 325.2605, compared to 323.9499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3105 points.

H1 Avg (Jan–Jun) 325.2605
H2 Avg (Jul–Dec) 323.9499

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 27.9111 BIF (High: 340.7082 / Low: 312.7971). On the other end, November was the most stable month, with a tight range of 4.6625 BIF (High: 328.8364 / Low: 324.1739).

March Spread (Volatile) ±27.9111
November Spread (Stable) ±4.6625

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 14.6419 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.6419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 343.9320) against the same month in 2018 (average: 466.2759), the exchange rate shifted by -122.3438 (-26.24%).

2019 Avg (February) 343.9320
2018 Avg (February) 466.2759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 348.0910 325.5699 336.8626
February 350.1131 337.7644 343.9320
March 340.7082 312.7971 332.0198
April 332.0786 307.2121 317.3779
May 316.6069 297.5179 304.2839
June 321.4617 311.8397 317.0865
July 331.5649 320.8436 325.0854
August 336.7442 311.1339 326.6936
September 328.5759 316.6924 324.4517
October 327.8424 311.8748 320.7723
November 328.8364 324.1739 326.1618
December 326.7516 315.9159 320.5346