YEARLY HIGH
8126.8534 IRR
YEARLY LOW
6833.3858 IRR
YEARLY AVERAGE
7432.0966 IRR

2019 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 8126.8534. Conversely, the yearly low was recorded on May 8, dropping to 6833.3858.

This high-to-low spread represents a total annual volatility of 1293.4676 IRR. From a start-to-finish perspective, comparing the January average rate of 7895.5534 to the December average rate of 7189.1917, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 8126.8534 was down 17.88% compared to the 2018 peak of 9896.3557, 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 406,342,671 IRR
2018 Average 428,905,247 IRR
Yearly Trough Low 341,669,290 IRR
Transaction Impact: A difference of 64,673,380.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

8086.8268
6883.5599
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 7522.0665, compared to 7342.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 179.9398 points.

H1 Avg (Jan–Jun) 7522.0665
H2 Avg (Jul–Dec) 7342.1267

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 575.2494 IRR (High: 7633.0578 / Low: 7057.8083). On the other end, November was the most stable month, with a tight range of 103.9198 IRR (High: 7388.7865 / Low: 7284.8668).

April Spread (Volatile) ±575.2494
November Spread (Stable) ±103.9198

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 380.0617 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -380.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 7895.5534) against the same month in 2018 (average: 9557.7576), the exchange rate shifted by -1662.2043 (-17.39%).

2019 Avg (January) 7895.5534
2018 Avg (January) 9557.7576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8126.8534 7623.3781 7895.5534
February 8104.0506 7880.4928 7986.5545
March 7911.6675 7376.2323 7692.5484
April 7633.0578 7057.8083 7312.4867
May 7209.6998 6833.3858 6983.8321
June 7381.4450 7135.8359 7261.4237
July 7573.5855 7331.0426 7425.4495
August 7676.3118 7218.4125 7457.7328
September 7452.3786 7212.9888 7375.6134
October 7400.1130 7100.2295 7269.2641
November 7388.7865 7284.8668 7335.5086
December 7331.6719 7076.3528 7189.1917