YEARLY HIGH
4.7216 HNL
YEARLY LOW
2.5586 HNL
YEARLY AVERAGE
4.3283 HNL

2019 TRY to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 4.7216. Conversely, the yearly low was recorded on December 9, dropping to 2.5586.

This high-to-low spread represents a total annual volatility of 2.1630 HNL. From a start-to-finish perspective, comparing the January average rate of 4.5596 to the December average rate of 4.1654, the exchange rate registered a net change of -8.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.7216 was down 25.57% compared to the 2018 peak of 6.3441, 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 236,082 HNL
2018 Average 254,324 HNL
Yearly Trough Low 127,931 HNL
Transaction Impact: A difference of 108,150.75 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.7053
3.9748
JanuMarcMayJulySeptNove

TRY to HNL 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 4.3680, compared to 4.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0795 points.

H1 Avg (Jan–Jun) 4.3680
H2 Avg (Jul–Dec) 4.2885

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.7458 HNL (High: 4.3045 / Low: 2.5586). On the other end, November was the most stable month, with a tight range of 0.0592 HNL (High: 4.3339 / Low: 4.2746).

December Spread (Volatile) ±1.7458
November Spread (Stable) ±0.0592

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.2243 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 4.5596) against the same month in 2018 (average: 6.2659), the exchange rate shifted by -1.7063 (-27.23%).

2019 Avg (January) 4.5596
2018 Avg (January) 6.2659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7216 4.4212 4.5596
February 4.6985 4.5898 4.6444
March 4.5716 4.2331 4.4726
April 4.4533 4.1074 4.2483
May 4.2140 3.8847 4.0356
June 4.3192 4.1578 4.2473
July 4.4429 4.2707 4.3429
August 4.4926 4.1371 4.3509
September 4.3655 4.2183 4.3101
October 4.3349 4.1520 4.2619
November 4.3339 4.2746 4.2998
December 4.3045 2.5586 4.1654