2018 TRY to IRR Historical Review

YEARLY HIGH

9896.3557 IRR

YEARLY LOW

6209.5966 IRR

YEARLY AVERAGE

8584.7878 IRR

2018 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 9896.3557. Conversely, the yearly low was recorded on August 13, dropping to 6209.5966.

This high-to-low spread represents a total annual volatility of 3686.7591 IRR. From a start-to-finish perspective, comparing the January average rate of 9557.7576 to the December average rate of 7957.2479, the exchange rate registered a net change of -16.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 9896.3557 was up 1.35% compared to the 2017 peak of 9764.4978, 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 494,817,786 IRR

2017 Average 453,519,087 IRR

Yearly Trough Low 310,479,832 IRR

Transaction Impact: A difference of 184,337,954.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10086.7435

6547.1956

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 9421.7996, compared to 7747.7759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1674.0237 points.

H1 Avg (Jan–Jun) 9421.7996

H2 Avg (Jul–Dec) 7747.7759

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2588.8224 IRR (High: 8798.4190 / Low: 6209.5966). On the other end, February was the most stable month, with a tight range of 230.8874 IRR (High: 9896.3557 / Low: 9665.4683).

August Spread (Volatile) ±2588.8224

February Spread (Stable) ±230.8874

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 1709.7049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1709.7049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 9791.7812) against the same month in 2017 (average: 8849.6721), the exchange rate shifted by +942.1091 (+10.65%).

2018 Avg (February) 9791.7812

2017 Avg (February) 8849.6721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9831.7608	9395.3308	9557.7576
February	9896.3557	9665.4683	9791.7812
March	9825.9323	9361.4980	9634.0118
April	9504.9899	9042.6807	9234.3041
May	9743.9174	8609.3319	9161.2270
June	9436.6973	8924.1563	9151.7160
July	9379.9913	8807.5612	9072.8920
August	8798.4190	6209.5966	7363.1871
September	7182.5588	6479.6623	6842.1579
October	7766.0073	6869.0545	7321.9451
November	8220.8954	7692.0619	7929.2254
December	8171.1953	7834.3148	7957.2479