YEARLY HIGH
0.4862 BND
YEARLY LOW
0.4016 BND
YEARLY AVERAGE
0.4577 BND

2016 TRY to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4862. Conversely, the yearly low was recorded on December 4, dropping to 0.4016.

This high-to-low spread represents a total annual volatility of 0.0846 BND. From a start-to-finish perspective, comparing the January average rate of 0.4770 to the December average rate of 0.4100, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4862 was down 16.83% compared to the 2015 peak of 0.5846, 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 24,311 BND
2015 Average 25,324 BND
Yearly Trough Low 20,082 BND
Transaction Impact: A difference of 4,229.32 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4837
0.4033
JanuMarcMayJulySeptNove

TRY to BND 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 0.4727, compared to 0.4428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.4727
H2 Avg (Jul–Dec) 0.4428

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0326 BND (High: 0.4462 / Low: 0.4135). On the other end, March was the most stable month, with a tight range of 0.0060 BND (High: 0.4792 / Low: 0.4731).

November Spread (Volatile) ±0.0326
March Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0216 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4770) against the same month in 2015 (average: 0.5721), the exchange rate shifted by -0.0951 (-16.63%).

2016 Avg (January) 0.4770
2015 Avg (January) 0.5721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4862 0.4721 0.4770
February 0.4839 0.4707 0.4769
March 0.4792 0.4731 0.4759
April 0.4799 0.4730 0.4761
May 0.4797 0.4609 0.4654
June 0.4717 0.4606 0.4648
July 0.4666 0.4416 0.4547
August 0.4611 0.4459 0.4552
September 0.4618 0.4545 0.4580
October 0.4544 0.4469 0.4501
November 0.4462 0.4135 0.4285
December 0.4154 0.4016 0.4100