YEARLY HIGH
13.5330 GMD
YEARLY LOW
11.2200 GMD
YEARLY AVERAGE
12.5778 GMD

2017 TRY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 13.5330. Conversely, the yearly low was recorded on January 11, dropping to 11.2200.

This high-to-low spread represents a total annual volatility of 2.3131 GMD. From a start-to-finish perspective, comparing the January average rate of 11.6421 to the December average rate of 12.3822, the exchange rate registered a net change of 6.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.5330 was down 11.33% compared to the 2016 peak of 15.2620, 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 676,651 GMD
2016 Average 696,290 GMD
Yearly Trough Low 560,998 GMD
Transaction Impact: A difference of 115,653.44 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.4321
11.4794
JanuMarcMayJulySeptNove

TRY to GMD 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 12.3788, compared to 12.7767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3980 points.

H1 Avg (Jan–Jun) 12.3788
H2 Avg (Jul–Dec) 12.7767

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.8952 GMD (High: 12.1152 / Low: 11.2200). On the other end, June was the most stable month, with a tight range of 0.2231 GMD (High: 13.1641 / Low: 12.9410).

January Spread (Volatile) ±0.8952
June Spread (Stable) ±0.2231

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6197 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 13.2694) against the same month in 2016 (average: 14.3593), the exchange rate shifted by -1.0899 (-7.59%).

2017 Avg (September) 13.2694
2016 Avg (September) 14.3593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1152 11.2200 11.6421
February 12.4475 11.5736 12.0644
March 12.4982 11.8321 12.1833
April 12.7401 12.1465 12.3928
May 13.0833 12.7204 12.9237
June 13.1641 12.9410 13.0664
July 13.0856 12.7123 12.9444
August 13.4106 12.8551 13.0937
September 13.5330 12.8914 13.2694
October 13.2738 12.3979 12.7952
November 12.4720 11.9620 12.1755
December 12.6159 12.0713 12.3822