YEARLY HIGH
2.7779 SZL
YEARLY LOW
2.3322 SZL
YEARLY AVERAGE
2.5447 SZL

2019 TRY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2.7779. Conversely, the yearly low was recorded on May 9, dropping to 2.3322.

This high-to-low spread represents a total annual volatility of 0.4458 SZL. From a start-to-finish perspective, comparing the January average rate of 2.5909 to the December average rate of 2.4622, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7779 was down 16.66% compared to the 2018 peak of 3.3332, 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 138,896 SZL
2018 Average 139,154 SZL
Yearly Trough Low 116,608 SZL
Transaction Impact: A difference of 22,288.04 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.7027
2.3590
JanuMarcMayJulySeptNove

TRY to SZL 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 2.5286, compared to 2.5608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 2.5286
H2 Avg (Jul–Dec) 2.5608

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2427 SZL (High: 2.7779 / Low: 2.5353). On the other end, November was the most stable month, with a tight range of 0.1073 SZL (High: 2.6505 / Low: 2.5432).

August Spread (Volatile) ±0.2427
November Spread (Stable) ±0.1073

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 March and April, when the average rate fell by 0.1705 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.6741) against the same month in 2018 (average: 2.3757), the exchange rate shifted by +0.2984 (+12.56%).

2019 Avg (August) 2.6741
2018 Avg (August) 2.3757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7118 2.5205 2.5909
February 2.6772 2.5399 2.6141
March 2.6957 2.4919 2.6195
April 2.5776 2.3993 2.4491
May 2.4948 2.3322 2.3876
June 2.5805 2.4495 2.5103
July 2.5547 2.4267 2.4766
August 2.7779 2.5353 2.6741
September 2.6977 2.5456 2.5992
October 2.6764 2.4954 2.5734
November 2.6505 2.5432 2.5796
December 2.5472 2.3573 2.4622