YEARLY HIGH
0.1078 KWD
YEARLY LOW
0.0862 KWD
YEARLY AVERAGE
0.1003 KWD

2016 TRY to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1078. Conversely, the yearly low was recorded on December 4, dropping to 0.0862.

This high-to-low spread represents a total annual volatility of 0.0217 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1013 to the December average rate of 0.0872, the exchange rate registered a net change of -13.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1078 was down 16.27% compared to the 2015 peak of 0.1288, 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 5,392 KWD
2015 Average 5,550 KWD
Yearly Trough Low 4,309 KWD
Transaction Impact: A difference of 1,083.73 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1083
0.0853
JanuMarcMayJulySeptNove

TRY to KWD 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 0.1033, compared to 0.0972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1033
H2 Avg (Jul–Dec) 0.0972

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0090 KWD (High: 0.0974 / Low: 0.0884). On the other end, April was the most stable month, with a tight range of 0.0023 KWD (High: 0.1078 / Low: 0.1055).

November Spread (Volatile) ±0.0090
April Spread (Stable) ±0.0023

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 0.0061 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1025) against the same month in 2015 (average: 0.1142), the exchange rate shifted by -0.0117 (-10.24%).

2016 Avg (May) 0.1025
2015 Avg (May) 0.1142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1042 0.0997 0.1013
February 0.1033 0.1005 0.1018
March 0.1069 0.1021 0.1045
April 0.1078 0.1055 0.1064
May 0.1078 0.1010 0.1025
June 0.1053 0.1024 0.1035
July 0.1046 0.0985 0.1017
August 0.1031 0.1002 0.1019
September 0.1031 0.1005 0.1016
October 0.1005 0.0975 0.0985
November 0.0974 0.0884 0.0923
December 0.0894 0.0862 0.0872