2018 TRY to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TRY to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 95.1959. Conversely, the yearly low was recorded on October 7, dropping to 33.7363.
This high-to-low spread represents a total annual volatility of 61.4596 MRO. From a start-to-finish perspective, comparing the January average rate of 94.1064 to the December average rate of 67.2275, the exchange rate registered a net change of -28.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 95.1959 was down 11.27% compared to the 2017 peak of 107.2920, 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 2018.
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 87.3681, compared to 64.2641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.1040 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 31.5051 MRO (High: 65.2415 / Low: 33.7363). On the other end, January was the most stable month, with a tight range of 2.1460 MRO (High: 94.9890 / Low: 92.8430).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 14.0895 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 93.8897) against the same month in 2017 (average: 98.0574), the exchange rate shifted by -4.1677 (-4.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.9890 | 92.8430 | 94.1064 |
| February | 95.1959 | 92.9390 | 93.8897 |
| March | 93.5736 | 88.6979 | 91.3820 |
| April | 89.8724 | 85.8321 | 87.5163 |
| May | 86.6405 | 74.8301 | 80.4463 |
| June | 79.4867 | 74.9241 | 76.8680 |
| July | 78.0021 | 72.2678 | 74.6568 |
| August | 71.4354 | 51.4281 | 60.5673 |
| September | 59.4890 | 53.5909 | 56.6131 |
| October | 65.2415 | 33.7363 | 59.9071 |
| November | 69.0601 | 64.6183 | 66.6126 |
| December | 68.6868 | 66.2503 | 67.2275 |