2011 TRY to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TRY to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TRY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 8.9246. Conversely, the yearly low was recorded on December 29, dropping to 7.3700.
This high-to-low spread represents a total annual volatility of 1.5547 MVR. From a start-to-finish perspective, comparing the January average rate of 8.1705 to the December average rate of 7.5350, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 8.9246 was down 2.89% compared to the 2010 peak of 9.1898, 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 2011.
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 8.3644, compared to 7.9010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4634 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 0.7082 MVR (High: 8.9246 / Low: 8.2165). On the other end, February was the most stable month, with a tight range of 0.1536 MVR (High: 8.1195 / Low: 7.9658).
Growth Streaks & Declines
TrendsBetween February and June, 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 July and August, when the average rate fell by 0.4851 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 8.6552) against the same month in 2010 (average: 8.2694), the exchange rate shifted by +0.3858 (+4.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3308 | 7.9805 | 8.1705 |
| February | 8.1195 | 7.9658 | 8.0525 |
| March | 8.2876 | 7.9094 | 8.1070 |
| April | 8.5078 | 8.3252 | 8.4187 |
| May | 8.9246 | 8.2165 | 8.6552 |
| June | 8.9242 | 8.5396 | 8.7825 |
| July | 8.7526 | 8.2126 | 8.5050 |
| August | 8.3966 | 7.8650 | 8.0199 |
| September | 8.1799 | 7.6067 | 7.8553 |
| October | 8.0730 | 7.4364 | 7.7187 |
| November | 8.0157 | 7.4348 | 7.7718 |
| December | 7.7427 | 7.3700 | 7.5350 |