YEARLY HIGH
0.5229 NZD
YEARLY LOW
0.3972 NZD
YEARLY AVERAGE
0.4768 NZD

2016 TRY to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.5229. Conversely, the yearly low was recorded on December 4, dropping to 0.3972.

This high-to-low spread represents a total annual volatility of 0.1257 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5092 to the December average rate of 0.4064, the exchange rate registered a net change of -20.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5229 was down 9.57% compared to the 2015 peak of 0.5782, 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 26,145 NZD
2015 Average 26,360 NZD
Yearly Trough Low 19,862 NZD
Transaction Impact: A difference of 6,283.49 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5251
0.3956
JanuMarcMayJulySeptNove

TRY to NZD 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 0.5057, compared to 0.4478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0579 points.

H1 Avg (Jan–Jun) 0.5057
H2 Avg (Jul–Dec) 0.4478

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0351 NZD (High: 0.4457 / Low: 0.4106). On the other end, August was the most stable month, with a tight range of 0.0079 NZD (High: 0.4708 / Low: 0.4630).

November Spread (Volatile) ±0.0351
August Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0293 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.5143) against the same month in 2015 (average: 0.5164), the exchange rate shifted by -0.0021 (-0.40%).

2016 Avg (March) 0.5143
2015 Avg (March) 0.5164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5224 0.5005 0.5092
February 0.5193 0.5055 0.5117
March 0.5229 0.5041 0.5143
April 0.5222 0.5006 0.5120
May 0.5119 0.4946 0.5002
June 0.4984 0.4790 0.4870
July 0.4833 0.4633 0.4717
August 0.4708 0.4630 0.4675
September 0.4660 0.4571 0.4614
October 0.4605 0.4483 0.4547
November 0.4457 0.4106 0.4253
December 0.4137 0.3972 0.4064