2017 TRY to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TRY to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2683.1949. Conversely, the yearly low was recorded on November 26, dropping to 2272.4796.
This high-to-low spread represents a total annual volatility of 410.7153 GNF. From a start-to-finish perspective, comparing the January average rate of 2504.4694 to the December average rate of 2349.5762, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 2683.1949 was down 13.84% compared to the 2016 peak of 3114.2872, 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 2017.
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 2549.0571, compared to 2462.1818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 86.8753 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 257.7058 GNF (High: 2683.1949 / Low: 2425.4891). On the other end, June was the most stable month, with a tight range of 64.8258 GNF (High: 2615.3408 / Low: 2550.5150).
Growth Streaks & Declines
TrendsBetween March and June, 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 September and October, when the average rate fell by 142.9349 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 2504.4694) against the same month in 2016 (average: 2577.8073), the exchange rate shifted by -73.3379 (-2.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2683.1949 | 2425.4891 | 2504.4694 |
| February | 2620.8906 | 2468.7072 | 2560.9474 |
| March | 2597.2931 | 2482.9839 | 2540.6226 |
| April | 2630.7180 | 2461.7543 | 2541.3224 |
| May | 2639.0527 | 2519.3262 | 2569.7007 |
| June | 2615.3408 | 2550.5150 | 2577.2803 |
| July | 2575.8304 | 2487.2405 | 2533.5014 |
| August | 2609.3984 | 2514.6123 | 2547.5909 |
| September | 2638.1811 | 2504.3523 | 2584.3927 |
| October | 2530.6421 | 2359.6307 | 2441.4578 |
| November | 2373.0775 | 2272.4796 | 2316.5718 |
| December | 2389.0091 | 2297.1174 | 2349.5762 |