YEARLY HIGH
10819.7649 IRR
YEARLY LOW
8495.3221 IRR
YEARLY AVERAGE
10004.4878 IRR

2016 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 10819.7649. Conversely, the yearly low was recorded on December 4, dropping to 8495.3221.

This high-to-low spread represents a total annual volatility of 2324.4428 IRR. From a start-to-finish perspective, comparing the January average rate of 9997.4671 to the December average rate of 8585.6016, the exchange rate registered a net change of -14.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10819.7649 was down 9.33% compared to the 2015 peak of 11932.7922, 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 540,988,244 IRR
2015 Average 532,973,102 IRR
Yearly Trough Low 424,766,103 IRR
Transaction Impact: A difference of 116,222,141.25 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10871.7097
8377.7736
JanuMarcMayJulySeptNove

TRY to IRR 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 10348.5880, compared to 9660.3876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 688.2004 points.

H1 Avg (Jan–Jun) 10348.5880
H2 Avg (Jul–Dec) 9660.3876

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 953.2943 IRR (High: 9665.6041 / Low: 8712.3098). On the other end, April was the most stable month, with a tight range of 235.4329 IRR (High: 10810.3772 / Low: 10574.9443).

November Spread (Volatile) ±953.2943
April Spread (Stable) ±235.4329

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 650.1096 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -650.1096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 10290.8250) against the same month in 2015 (average: 10734.3739), the exchange rate shifted by -443.5489 (-4.13%).

2016 Avg (May) 10290.8250
2015 Avg (May) 10734.3739

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10287.5295 9839.1983 9997.4671
February 10350.9760 10097.2042 10246.3546
March 10708.4172 10260.7276 10488.8603
April 10810.3772 10574.9443 10663.8817
May 10819.7649 10119.1915 10290.8250
June 10621.6807 10278.6242 10404.1395
July 10489.1017 9797.2581 10152.4782
August 10285.5739 9991.2995 10157.2035
September 10274.5890 10027.8248 10136.1808
October 10020.1586 9674.7346 9790.4857
November 9665.6041 8712.3098 9140.3761
December 8818.4294 8495.3221 8585.6016