2016 TRY to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TRY to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 3114.2872. Conversely, the yearly low was recorded on May 23, dropping to 2448.8166.
This high-to-low spread represents a total annual volatility of 665.4705 GNF. From a start-to-finish perspective, comparing the January average rate of 2577.8073 to the December average rate of 2648.8127, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3114.2872 was up 1.30% compared to the 2015 peak of 3074.3044, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TRY to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2614.7053, compared to 2918.4560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 303.7507 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 583.1589 GNF (High: 3077.3180 / Low: 2494.1591). On the other end, April was the most stable month, with a tight range of 42.8571 GNF (High: 2700.8841 / Low: 2658.0270).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 185.0422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 3014.5046) against the same month in 2015 (average: 2718.5380), the exchange rate shifted by +295.9666 (+10.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2651.5418 | 2532.9367 | 2577.8073 |
| February | 2656.6613 | 2567.0767 | 2614.5983 |
| March | 2691.2254 | 2595.1820 | 2642.8009 |
| April | 2700.8841 | 2658.0270 | 2674.4874 |
| May | 2699.8187 | 2448.8166 | 2515.2541 |
| June | 3077.3180 | 2494.1591 | 2663.2838 |
| July | 3114.2872 | 2913.9756 | 3014.5046 |
| August | 3093.4612 | 2980.2069 | 3055.2242 |
| September | 3097.8956 | 3031.9283 | 3061.9717 |
| October | 3037.5061 | 2918.1764 | 2957.6325 |
| November | 2926.6293 | 2617.0038 | 2772.5904 |
| December | 2705.6882 | 2592.5230 | 2648.8127 |