YEARLY HIGH
398.9515 MMK
YEARLY LOW
340.5625 MMK
YEARLY AVERAGE
373.8418 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 19,947,575 MMK
2016 Average 20,453,302 MMK
Yearly Trough Low 17,028,124 MMK
Transaction Impact: A difference of 2,919,450.26 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

396.6235
343.6778
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 375.1257
H2 Avg (Jul–Dec) 372.5580

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±40.0368
May Spread (Stable) ±10.1050

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 October and November, when the average rate fell by 22.0920 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -22.0920

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (September) 392.2114
2016 Avg (September) 414.1598

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