YEARLY HIGH
34.8149 CVE
YEARLY LOW
29.0674 CVE
YEARLY AVERAGE
33.0335 CVE

2016 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 34.8149. Conversely, the yearly low was recorded on December 28, dropping to 29.0674.

This high-to-low spread represents a total annual volatility of 5.7475 CVE. From a start-to-finish perspective, comparing the January average rate of 33.8185 to the December average rate of 29.8697, the exchange rate registered a net change of -11.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 34.8149 was down 16.50% compared to the 2015 peak of 41.6968, 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 1,740,743 CVE
2015 Average 1,830,812 CVE
Yearly Trough Low 1,453,368 CVE
Transaction Impact: A difference of 287,374.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.8810
29.4142
JanuMarcMayJulySeptNove

TRY to CVE 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 33.8449, compared to 32.2222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6228 points.

H1 Avg (Jan–Jun) 33.8449
H2 Avg (Jul–Dec) 32.2222

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.0405 CVE (High: 32.1992 / Low: 30.1586). On the other end, March was the most stable month, with a tight range of 0.6554 CVE (High: 34.7352 / Low: 34.0798).

November Spread (Volatile) ±2.0405
March Spread (Stable) ±0.6554

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.4984 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.4984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 33.8185) against the same month in 2015 (average: 40.4818), the exchange rate shifted by -6.6633 (-16.46%).

2016 Avg (January) 33.8185
2015 Avg (January) 40.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.8149 33.1494 33.8185
February 34.3920 33.1872 33.7501
March 34.7352 34.0798 34.4254
April 34.6112 33.8671 34.3114
May 34.4702 32.5584 33.0854
June 34.5694 33.3072 33.6788
July 34.4793 32.5653 33.5366
August 33.5209 32.7904 33.2271
September 33.6422 32.7684 33.1482
October 32.9697 32.1909 32.5248
November 32.1992 30.1586 31.0264
December 30.2705 29.0674 29.8697