YEARLY HIGH
0.4794 CAD
YEARLY LOW
0.3753 CAD
YEARLY AVERAGE
0.4396 CAD

2016 TRY to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.4794. Conversely, the yearly low was recorded on December 11, dropping to 0.3753.

This high-to-low spread represents a total annual volatility of 0.1041 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4727 to the December average rate of 0.3811, the exchange rate registered a net change of -19.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4794 was down 9.49% compared to the 2015 peak of 0.5296, 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 23,970 CAD
2015 Average 23,536 CAD
Yearly Trough Low 18,764 CAD
Transaction Impact: A difference of 5,205.47 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4818
0.3720
JanuMarcMayJulySeptNove

TRY to CAD 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 0.4557, compared to 0.4234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 0.4557
H2 Avg (Jul–Dec) 0.4234

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0391 CAD (High: 0.4304 / Low: 0.3912). On the other end, September was the most stable month, with a tight range of 0.0065 CAD (High: 0.4440 / Low: 0.4375).

November Spread (Volatile) ±0.0391
September Spread (Stable) ±0.0065

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 November and December, when the average rate fell by 0.0277 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4727) against the same month in 2015 (average: 0.5170), the exchange rate shifted by -0.0443 (-8.58%).

2016 Avg (January) 0.4727
2015 Avg (January) 0.5170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4794 0.4681 0.4727
February 0.4762 0.4521 0.4683
March 0.4615 0.4539 0.4587
April 0.4642 0.4445 0.4525
May 0.4490 0.4341 0.4399
June 0.4495 0.4363 0.4423
July 0.4515 0.4251 0.4388
August 0.4428 0.4332 0.4391
September 0.4440 0.4375 0.4412
October 0.4376 0.4237 0.4313
November 0.4304 0.3912 0.4089
December 0.3882 0.3753 0.3811