2017 TRY to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TRY to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TRY to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 151.2594. Conversely, the yearly low was recorded on January 11, dropping to 55.2172.
This high-to-low spread represents a total annual volatility of 96.0422 SYP. From a start-to-finish perspective, comparing the January average rate of 57.2283 to the December average rate of 134.1713, the exchange rate registered a net change of 134.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 151.2594 was up 92.68% compared to the 2016 peak of 78.5037, 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 2017.
TRY to SYP 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 58.9824, compared to 122.9010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.9186 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 89.1842 SYP (High: 149.8019 / Low: 60.6176). On the other end, June was the most stable month, with a tight range of 1.0870 SYP (High: 61.4335 / Low: 60.3465).
Growth Streaks & Declines
TrendsBetween March and June, 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 September and October, when the average rate fell by 8.4241 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 148.4200) against the same month in 2016 (average: 72.2008), the exchange rate shifted by +76.2191 (+105.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.5190 | 55.2172 | 57.2283 |
| February | 60.0541 | 56.8063 | 58.5445 |
| March | 59.4286 | 56.7894 | 58.3746 |
| April | 60.3493 | 57.4764 | 58.7400 |
| May | 60.8262 | 59.1447 | 60.0942 |
| June | 61.4335 | 60.3465 | 60.9129 |
| July | 61.0249 | 59.1704 | 60.3071 |
| August | 149.8019 | 60.6176 | 122.2001 |
| September | 151.2594 | 143.9363 | 148.4200 |
| October | 144.4752 | 134.8319 | 139.9959 |
| November | 135.5056 | 129.8504 | 132.3119 |
| December | 136.3418 | 131.1568 | 134.1713 |