2016 TRY to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TRY to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 125.0190. Conversely, the yearly low was recorded on December 4, dropping to 100.8465.
This high-to-low spread represents a total annual volatility of 24.1724 MRO. From a start-to-finish perspective, comparing the January average rate of 111.4825 to the December average rate of 102.2341, the exchange rate registered a net change of -8.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 125.0190 was down 1.95% compared to the 2015 peak of 127.5024, 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 2016.
TRY to MRO 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 118.3935, compared to 114.4178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9758 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 13.5383 MRO (High: 116.5223 / Low: 102.9840). On the other end, September was the most stable month, with a tight range of 2.6243 MRO (High: 121.2911 / Low: 118.6668).
Growth Streaks & Declines
TrendsBetween 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 7.4122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 122.0629) against the same month in 2015 (average: 118.7562), the exchange rate shifted by +3.3067 (+2.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 116.5223 | 102.9840 | 111.4825 |
| February | 117.6014 | 112.4013 | 116.0843 |
| March | 121.5648 | 116.6994 | 119.2808 |
| April | 123.8828 | 120.8736 | 121.8970 |
| May | 122.8292 | 117.4282 | 119.5537 |
| June | 125.0190 | 120.3948 | 122.0629 |
| July | 122.9974 | 115.4244 | 119.5749 |
| August | 121.3489 | 117.6059 | 120.0431 |
| September | 121.2911 | 118.6668 | 119.9231 |
| October | 118.6177 | 114.4827 | 116.0718 |
| November | 114.5021 | 103.3975 | 108.6595 |
| December | 104.8484 | 100.8465 | 102.2341 |