2018 TRY to BTN Historical Review

YEARLY HIGH

17.1826 BTN

YEARLY LOW

10.0494 BTN

YEARLY AVERAGE

14.4713 BTN

2018 TRY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 17.1826. Conversely, the yearly low was recorded on August 13, dropping to 10.0494.

This high-to-low spread represents a total annual volatility of 7.1331 BTN. From a start-to-finish perspective, comparing the January average rate of 16.8721 to the December average rate of 13.3028, the exchange rate registered a net change of -21.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 17.1826 was down 10.93% compared to the 2017 peak of 19.2917, 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 859,128 BTN

2017 Average 893,244 BTN

Yearly Trough Low 502,471 BTN

Transaction Impact: A difference of 356,657.19 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.5650

10.8646

JanuMarcMayJulySeptNove

TRY to BTN 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 16.1083, compared to 12.8343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2740 points.

H1 Avg (Jan–Jun) 16.1083

H2 Avg (Jul–Dec) 12.8343

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 3.6886 BTN (High: 13.7381 / Low: 10.0494). On the other end, January was the most stable month, with a tight range of 0.3106 BTN (High: 17.0010 / Low: 16.6905).

August Spread (Volatile) ±3.6886

January Spread (Stable) ±0.3106

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 2.5928 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.5928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 17.0067) against the same month in 2017 (average: 18.3156), the exchange rate shifted by -1.3090 (-7.15%).

2018 Avg (February) 17.0067

2017 Avg (February) 18.3156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0010	16.6905	16.8721
February	17.1826	16.7931	17.0067
March	17.1271	16.2444	16.7082
April	16.5043	15.7417	16.1650
May	16.1950	14.3501	15.2574
June	15.0742	14.2691	14.6404
July	15.0700	13.9411	14.3988
August	13.7381	10.0494	11.8060
September	12.0879	10.7044	11.4230
October	13.4587	11.9123	12.6723
November	13.7384	13.2351	13.4028
December	13.4613	13.0891	13.3028