2016 TRY to TOP Historical Review

YEARLY HIGH

0.8011 TOP

YEARLY LOW

0.6339 TOP

YEARLY AVERAGE

0.7471 TOP

2016 TRY to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.8011. Conversely, the yearly low was recorded on December 4, dropping to 0.6339.

This high-to-low spread represents a total annual volatility of 0.1671 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7517 to the December average rate of 0.6503, the exchange rate registered a net change of -13.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8011 was down 7.90% compared to the 2015 peak of 0.8698, 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 40,053 TOP

2015 Average 38,998 TOP

Yearly Trough Low 31,696 TOP

Transaction Impact: A difference of 8,357.24 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7996

0.6367

JanuMarcMayJulySeptNove

TRY to TOP 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 0.7713, compared to 0.7230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0484 points.

H1 Avg (Jan–Jun) 0.7713

H2 Avg (Jul–Dec) 0.7230

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0734 TOP (High: 0.7275 / Low: 0.6541). On the other end, September was the most stable month, with a tight range of 0.0174 TOP (High: 0.7669 / Low: 0.7495).

November Spread (Volatile) ±0.0734

September Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0432 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.7729) against the same month in 2015 (average: 0.8149), the exchange rate shifted by -0.0419 (-5.15%).

2016 Avg (February) 0.7729

2015 Avg (February) 0.8149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7765	0.7340	0.7517
February	0.8011	0.7606	0.7729
March	0.7917	0.7715	0.7819
April	0.7974	0.7756	0.7860
May	0.7982	0.7565	0.7654
June	0.7851	0.7560	0.7700
July	0.7792	0.7398	0.7628
August	0.7731	0.7496	0.7629
September	0.7669	0.7495	0.7579
October	0.7499	0.7136	0.7235
November	0.7275	0.6541	0.6803
December	0.6624	0.6339	0.6503