YEARLY HIGH
68.9060 MRO
YEARLY LOW
57.9389 MRO
YEARLY AVERAGE
62.9413 MRO

2019 TRY to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 68.9060. Conversely, the yearly low was recorded on May 8, dropping to 57.9389.

This high-to-low spread represents a total annual volatility of 10.9671 MRO. From a start-to-finish perspective, comparing the January average rate of 66.6269 to the December average rate of 60.9555, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 68.9060 was down 27.62% compared to the 2018 peak of 95.1959, 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 3,445,299 MRO
2018 Average 3,785,522 MRO
Yearly Trough Low 2,896,947 MRO
Transaction Impact: A difference of 548,352.85 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

68.5493
58.2715
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 63.6341, compared to 62.2486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3855 points.

H1 Avg (Jan–Jun) 63.6341
H2 Avg (Jul–Dec) 62.2486

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 4.8774 MRO (High: 64.7192 / Low: 59.8418). On the other end, November was the most stable month, with a tight range of 0.8811 MRO (High: 62.6481 / Low: 61.7670).

April Spread (Volatile) ±4.8774
November Spread (Stable) ±0.8811

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 3.2794 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 66.6269) against the same month in 2018 (average: 94.1064), the exchange rate shifted by -27.4795 (-29.20%).

2019 Avg (January) 66.6269
2018 Avg (January) 94.1064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.9060 64.6371 66.6269
February 68.6313 66.8171 67.6928
March 66.5357 61.9467 65.1217
April 64.7192 59.8418 61.8424
May 61.1296 57.9389 59.1280
June 62.3960 60.4097 61.3928
July 64.2149 62.1585 62.9589
August 65.0859 61.2035 63.2309
September 63.1872 61.1575 62.5183
October 62.7441 60.2014 61.6338
November 62.6481 61.7670 62.1939
December 62.1638 59.9990 60.9555