YEARLY HIGH
0.3157 EUR
YEARLY LOW
0.2639 EUR
YEARLY AVERAGE
0.2996 EUR

2016 TRY to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3157. Conversely, the yearly low was recorded on December 5, dropping to 0.2639.

This high-to-low spread represents a total annual volatility of 0.0519 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3067 to the December average rate of 0.2710, the exchange rate registered a net change of -11.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3157 was down 17.05% compared to the 2015 peak of 0.3806, 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 15,787 EUR
2015 Average 16,621 EUR
Yearly Trough Low 13,193 EUR
Transaction Impact: A difference of 2,594.24 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3155
0.2669
JanuMarcMayJulySeptNove

TRY to EUR 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 0.3068, compared to 0.2923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.3068
H2 Avg (Jul–Dec) 0.2923

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0175 EUR (High: 0.3130 / Low: 0.2955). On the other end, March was the most stable month, with a tight range of 0.0051 EUR (High: 0.3139 / Low: 0.3089).

July Spread (Volatile) ±0.0175
March Spread (Stable) ±0.0051

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 0.0134 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3067) against the same month in 2015 (average: 0.3684), the exchange rate shifted by -0.0617 (-16.74%).

2016 Avg (January) 0.3067
2015 Avg (January) 0.3684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3157 0.3005 0.3067
February 0.3114 0.3014 0.3058
March 0.3139 0.3089 0.3115
April 0.3141 0.3075 0.3110
May 0.3122 0.2966 0.3010
June 0.3125 0.3022 0.3051
July 0.3130 0.2955 0.3043
August 0.3037 0.2980 0.3015
September 0.3043 0.2966 0.3006
October 0.2989 0.2925 0.2950
November 0.2906 0.2732 0.2816
December 0.2739 0.2639 0.2710