2017 TRY to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TRY to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 9764.4978. Conversely, the yearly low was recorded on January 9, dropping to 8100.2098.
This high-to-low spread represents a total annual volatility of 1664.2879 IRR. From a start-to-finish perspective, comparing the January average rate of 8472.9070 to the December average rate of 9184.6424, the exchange rate registered a net change of 8.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 9764.4978 was down 9.75% compared to the 2016 peak of 10819.7649, 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 IRR 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 8895.3800, compared to 9243.7105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 348.3305 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 596.0598 IRR (High: 8696.2696 / Low: 8100.2098). On the other end, June was the most stable month, with a tight range of 161.7912 IRR (High: 9301.2984 / Low: 9139.5072).
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 376.9263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 9600.0756) against the same month in 2016 (average: 10136.1808), the exchange rate shifted by -536.1053 (-5.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8696.2696 | 8100.2098 | 8472.9070 |
| February | 9084.9931 | 8580.5994 | 8849.6721 |
| March | 9003.6881 | 8591.6426 | 8831.9524 |
| April | 9136.3677 | 8698.6727 | 8893.2616 |
| May | 9209.3048 | 8955.4976 | 9099.0775 |
| June | 9301.2984 | 9139.5072 | 9225.4096 |
| July | 9295.3480 | 8983.3614 | 9170.9344 |
| August | 9612.2429 | 9240.2415 | 9369.7129 |
| September | 9764.4978 | 9351.2496 | 9600.0756 |
| October | 9391.3523 | 8990.4392 | 9223.1492 |
| November | 9096.0068 | 8767.6032 | 8913.7488 |
| December | 9431.0488 | 8857.8759 | 9184.6424 |