YEARLY HIGH
0.6424 PEN
YEARLY LOW
0.5380 PEN
YEARLY AVERAGE
0.5882 PEN

2019 TRY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6424. Conversely, the yearly low was recorded on May 8, dropping to 0.5380.

This high-to-low spread represents a total annual volatility of 0.1045 PEN. From a start-to-finish perspective, comparing the January average rate of 0.6239 to the December average rate of 0.5724, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6424 was down 25.97% compared to the 2018 peak of 0.8678, 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 32,122 PEN
2018 Average 34,934 PEN
Yearly Trough Low 26,898 PEN
Transaction Impact: A difference of 5,224.10 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6377
0.5438
JanuMarcMayJulySeptNove

TRY to PEN 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 0.5921, compared to 0.5842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.5921
H2 Avg (Jul–Dec) 0.5842

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0472 PEN (High: 0.6166 / Low: 0.5694). On the other end, November was the most stable month, with a tight range of 0.0135 PEN (High: 0.5932 / Low: 0.5797).

August Spread (Volatile) ±0.0472
November Spread (Stable) ±0.0135

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 0.0307 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6239) against the same month in 2018 (average: 0.8528), the exchange rate shifted by -0.2289 (-26.84%).

2019 Avg (January) 0.6239
2018 Avg (January) 0.8528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6424 0.6087 0.6239
February 0.6391 0.6188 0.6299
March 0.6162 0.5722 0.6029
April 0.5997 0.5545 0.5722
May 0.5774 0.5380 0.5516
June 0.5857 0.5648 0.5721
July 0.5918 0.5731 0.5805
August 0.6166 0.5694 0.5982
September 0.5981 0.5800 0.5877
October 0.5939 0.5668 0.5797
November 0.5932 0.5797 0.5868
December 0.5906 0.5571 0.5724