YEARLY HIGH
2683.1949 GNF
YEARLY LOW
2272.4796 GNF
YEARLY AVERAGE
2505.6195 GNF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 134,159,746 GNF
2016 Average 138,356,076 GNF
Yearly Trough Low 113,623,981 GNF
Transaction Impact: A difference of 20,535,765.34 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2611.1748
2289.7897
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 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.

H1 Avg (Jan–Jun) 2549.0571
H2 Avg (Jul–Dec) 2462.1818

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±257.7058
June Spread (Stable) ±64.8258

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -142.9349

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (January) 2504.4694
2016 Avg (January) 2577.8073

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