2019 TRY to CVE Historical Review

YEARLY HIGH

18.6645 CVE

YEARLY LOW

15.9962 CVE

YEARLY AVERAGE

17.4125 CVE

2019 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 18.6645. Conversely, the yearly low was recorded on May 9, dropping to 15.9962.

This high-to-low spread represents a total annual volatility of 2.6682 CVE. From a start-to-finish perspective, comparing the January average rate of 18.0692 to the December average rate of 17.0294, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.6645 was down 24.40% compared to the 2018 peak of 24.6896, 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 933,223 CVE

2018 Average 993,735 CVE

Yearly Trough Low 799,811 CVE

Transaction Impact: A difference of 133,411.50 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.6727

16.1715

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 17.4473, compared to 17.3777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0696 points.

H1 Avg (Jan–Jun) 17.4473

H2 Avg (Jul–Dec) 17.3777

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.3468 CVE (High: 18.2303 / Low: 16.8835). On the other end, November was the most stable month, with a tight range of 0.2505 CVE (High: 17.5803 / Low: 17.3298).

March Spread (Volatile) ±1.3468

November Spread (Stable) ±0.2505

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 0.7840 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7840

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 18.0692) against the same month in 2018 (average: 24.0787), the exchange rate shifted by -6.0095 (-24.96%).

2019 Avg (January) 18.0692

2018 Avg (January) 24.0787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6645	17.4849	18.0692
February	18.6381	18.1940	18.4643
March	18.2303	16.8835	17.8437
April	17.8666	16.5445	17.0596
May	16.9776	15.9962	16.3799
June	17.1543	16.6207	16.8673
July	17.8525	17.0416	17.3575
August	18.0140	17.0666	17.5785
September	17.9185	17.2423	17.5702
October	17.7336	16.9137	17.2815
November	17.5803	17.3298	17.4493
December	17.5696	16.5832	17.0294