2018 TRY to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TRY to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 48068.8222. Conversely, the yearly low was recorded on January 21, dropping to 2.6103.
This high-to-low spread represents a total annual volatility of 48066.2118 VEF. From a start-to-finish perspective, comparing the January average rate of 2.6794 to the December average rate of 46793.3112, the exchange rate registered a net change of 1746322.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 48068.8222 was up 1619564.17% compared to the 2017 peak of 2.9678, 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 2018.
TRY to VEF 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 9934.9369, compared to 37480.8821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27545.9452 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 21152.5392 VEF (High: 41518.4463 / Low: 20365.9071). On the other end, January was the most stable month, with a tight range of 0.1822 VEF (High: 2.7925 / Low: 2.6103).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 46366.3669) against the same month in 2017 (average: 2.6580), the exchange rate shifted by +46363.7089 (+1744321.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.7925 | 2.6103 | 2.6794 |
| February | 7614.9406 | 2.6363 | 4317.8078 |
| March | 10197.9999 | 7590.6562 | 9333.3388 |
| April | 16535.6124 | 9715.9288 | 12318.1191 |
| May | 17874.2800 | 15074.7111 | 16374.2697 |
| June | 17864.9326 | 16836.2123 | 17263.4067 |
| July | 22473.5005 | 16333.9568 | 19059.8264 |
| August | 41518.4463 | 20365.9071 | 30495.0827 |
| September | 41346.3761 | 37299.2156 | 39383.9845 |
| October | 45408.0158 | 40164.0868 | 42786.7209 |
| November | 48068.8222 | 44974.2900 | 46366.3669 |
| December | 47809.0426 | 46113.1359 | 46793.3112 |