YEARLY HIGH
3114.2872 GNF
YEARLY LOW
2448.8166 GNF
YEARLY AVERAGE
2766.5807 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 155,714,358 GNF
2015 Average 135,456,973 GNF
Yearly Trough Low 122,440,831 GNF
Transaction Impact: A difference of 33,273,526.44 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3116.6435
2460.5823
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2614.7053
H2 Avg (Jul–Dec) 2918.4560

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±583.1589
April Spread (Stable) ±42.8571

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -185.0422

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (July) 3014.5046
2015 Avg (July) 2718.5380

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