2017 TRY to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TRY to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 398.9515. Conversely, the yearly low was recorded on November 25, dropping to 340.5625.
This high-to-low spread represents a total annual volatility of 58.3890 MMK. From a start-to-finish perspective, comparing the January average rate of 362.8625 to the December average rate of 353.8813, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 398.9515 was down 11.14% compared to the 2016 peak of 448.9645, 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 MMK 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 375.1257, compared to 372.5580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5678 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 40.0368 MMK (High: 388.7376 / Low: 348.7008). On the other end, May was the most stable month, with a tight range of 10.1050 MMK (High: 387.7218 / Low: 377.6169).
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 October and November, when the average rate fell by 22.0920 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 392.2114) against the same month in 2016 (average: 414.1598), the exchange rate shifted by -21.9483 (-5.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 388.7376 | 348.7008 | 362.8625 |
| February | 383.8928 | 361.9277 | 373.8108 |
| March | 380.3953 | 363.2579 | 372.1380 |
| April | 385.1406 | 364.9190 | 372.7778 |
| May | 387.7218 | 377.6169 | 382.1290 |
| June | 391.5846 | 380.8605 | 387.0361 |
| July | 387.5357 | 374.0802 | 383.1650 |
| August | 396.2694 | 382.5473 | 387.8182 |
| September | 398.9515 | 380.9701 | 392.2114 |
| October | 384.6675 | 357.6216 | 370.1819 |
| November | 355.9193 | 340.5625 | 348.0899 |
| December | 358.6931 | 347.8477 | 353.8813 |