YEARLY HIGH
1.3322 BOB
YEARLY LOW
1.1215 BOB
YEARLY AVERAGE
1.2184 BOB

2019 TRY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.3322. Conversely, the yearly low was recorded on May 8, dropping to 1.1215.

This high-to-low spread represents a total annual volatility of 0.2107 BOB. From a start-to-finish perspective, comparing the January average rate of 1.2893 to the December average rate of 1.1802, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3322 was down 28.14% compared to the 2018 peak of 1.8540, 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 66,611 BOB
2018 Average 73,598 BOB
Yearly Trough Low 56,076 BOB
Transaction Impact: A difference of 10,534.19 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3272
1.1277
JanuMarcMayJulySeptNove

TRY to BOB 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 1.2318, compared to 1.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 1.2318
H2 Avg (Jul–Dec) 1.2051

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0946 BOB (High: 1.2529 / Low: 1.1584). On the other end, November was the most stable month, with a tight range of 0.0170 BOB (High: 1.2137 / Low: 1.1967).

April Spread (Volatile) ±0.0946
November Spread (Stable) ±0.0170

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 0.0619 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2893) against the same month in 2018 (average: 1.8328), the exchange rate shifted by -0.5435 (-29.65%).

2019 Avg (January) 1.2893
2018 Avg (January) 1.8328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3322 1.2517 1.2893
February 1.3302 1.2932 1.3106
March 1.2870 1.1959 1.2600
April 1.2529 1.1584 1.1981
May 1.1836 1.1215 1.1443
June 1.2105 1.1720 1.1884
July 1.2434 1.2031 1.2190
August 1.2609 1.1668 1.2232
September 1.2264 1.1837 1.2102
October 1.2159 1.1664 1.1936
November 1.2137 1.1967 1.2044
December 1.2044 1.1604 1.1802