2010 TRY to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 TRY to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the TRY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 9.1898. Conversely, the yearly low was recorded on June 8, dropping to 7.9859.
This high-to-low spread represents a total annual volatility of 1.2039 MVR. From a start-to-finish perspective, comparing the January average rate of 8.6675 to the December average rate of 8.4041, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
TRY to MVR 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 8.3964, compared to 8.5997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2033 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was November, with a trading range of 0.7133 MVR (High: 9.1898 / Low: 8.4765). On the other end, March was the most stable month, with a tight range of 0.1918 MVR (High: 8.4581 / Low: 8.2662).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4663 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 8.8704.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.8292 | 8.5153 | 8.6675 |
| February | 8.6168 | 8.2442 | 8.4190 |
| March | 8.4581 | 8.2662 | 8.3406 |
| April | 8.6751 | 8.4214 | 8.5726 |
| May | 8.6233 | 8.0394 | 8.2694 |
| June | 8.2486 | 7.9859 | 8.1097 |
| July | 8.4837 | 8.0802 | 8.3108 |
| August | 8.5820 | 8.3537 | 8.4693 |
| September | 8.8211 | 8.4221 | 8.5623 |
| October | 9.1222 | 8.8511 | 8.9813 |
| November | 9.1898 | 8.4765 | 8.8704 |
| December | 8.6735 | 8.1893 | 8.4041 |