YEARLY HIGH
9764.4978 IRR
YEARLY LOW
8100.2098 IRR
YEARLY AVERAGE
9069.5453 IRR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 488,224,888 IRR
2016 Average 500,113,687 IRR
Yearly Trough Low 405,010,491 IRR
Transaction Impact: A difference of 83,214,396.54 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9712.7924
8360.1901
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 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.

H1 Avg (Jan–Jun) 8895.3800
H2 Avg (Jul–Dec) 9243.7105

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±596.0598
June Spread (Stable) ±161.7912

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 376.9263 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -376.9263

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (September) 9600.0756
2016 Avg (September) 10136.1808

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