YEARLY HIGH
0.3958 TRY
YEARLY LOW
0.3369 TRY
YEARLY AVERAGE
0.3611 TRY

2017 VEF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.3958. Conversely, the yearly low was recorded on August 22, dropping to 0.3369.

This high-to-low spread represents a total annual volatility of 0.0589 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3747 to the December average rate of 0.3729, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3958 was down 17.94% compared to the 2016 peak of 0.4824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 1,979 TRY
2016 Average 1,728 TRY
Yearly Trough Low 1,685 TRY
Transaction Impact: A difference of 294.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3798
0.3415
JanuMarcMayJulySeptNove

VEF to TRY 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 0.3628, compared to 0.3594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.3628
H2 Avg (Jul–Dec) 0.3594

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0498 TRY (High: 0.3958 / Low: 0.3460). On the other end, June was the most stable month, with a tight range of 0.0091 TRY (High: 0.3554 / Low: 0.3462).

November Spread (Volatile) ±0.0498
June Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.3766) against the same month in 2016 (average: 0.3302), the exchange rate shifted by +0.0465 (+14.07%).

2017 Avg (November) 0.3766
2016 Avg (November) 0.3302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3882 0.3531 0.3747
February 0.3775 0.3573 0.3666
March 0.3776 0.3608 0.3677
April 0.3735 0.3490 0.3630
May 0.3588 0.3484 0.3542
June 0.3554 0.3462 0.3507
July 0.3626 0.3469 0.3522
August 0.3508 0.3369 0.3456
September 0.3565 0.3372 0.3447
October 0.3793 0.3501 0.3641
November 0.3958 0.3460 0.3766
December 0.3933 0.3555 0.3729