Turkey Foreign Exchange Reserves
Turkey · Monthly series · EC-TR-FER
Latest, November 2026
57.02B USD
+1.7% from October 2026
Forecast
Forecast for November 2027: 63.59B USD, with an 80% interval of 25.55B USD to 102.09B USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| December 2026 | 57.49B USD | 37.54B USD | 78.04B USD |
| January 2027 | 57.37B USD | 33.59B USD | 81.05B USD |
| February 2027 | 56.89B USD | 24.62B USD | 89.05B USD |
| March 2027 | 56.29B USD | 11.35B USD | 101.59B USD |
| April 2027 | 55.96B USD | -11.1M USD | 113.15B USD |
| May 2027 | 56.59B USD | 706.8M USD | 113.30B USD |
| June 2027 | 57.85B USD | 7.94B USD | 108.88B USD |
| July 2027 | 59.74B USD | 19.65B USD | 100.85B USD |
| August 2027 | 61.30B USD | 32.40B USD | 90.81B USD |
| September 2027 | 62.26B USD | 29.68B USD | 94.83B USD |
| October 2027 | 62.56B USD | 21.97B USD | 104.42B USD |
| November 2027 | 63.59B USD | 25.55B USD | 102.09B USD |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -5%Matches the no-change baseline over 12 tests (12 tests, 4 won)
- Direction
- 41%No clear edge over a coin flip (59 of 144 calls right in 12 tests)
- Turning points
- 18 of 61Anticipated some turns (61 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 5% higherError ratio 1.05; 1.00 is a tie.
- Tests won
- 4 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-12-01 to 2026-11-0112 observations ahead per test.
- 80% band coverage
- 81%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-14 against the cached history through 2026-11-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 16% of the 119 earlier readings since December 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| November 2026 | 57.02B USD |
| October 2026 | 56.09B USD |
| September 2026 | 61.56B USD |
| August 2026 | 71.11B USD |
| July 2026 | 63.81B USD |
| June 2026 | 54.25B USD |
| May 2026 | 53.23B USD |
| April 2026 | 60.95B USD |
| March 2026 | 55.29B USD |
| February 2026 | 73.43B USD |
| January 2026 | 84.41B USD |
| December 2025 | 76.98B USD |
| November 2025 | 75.61B USD |
| October 2025 | 80.38B USD |
| September 2025 | 86.70B USD |
| August 2025 | 91.03B USD |
| July 2025 | 86.62B USD |
| June 2025 | 71.09B USD |
| May 2025 | 70.03B USD |
| April 2025 | 59.25B USD |
| March 2025 | 80.61B USD |
| February 2025 | 94.76B USD |
| January 2025 | 97.31B USD |
| December 2024 | 90.74B USD |
Source
Data: public market data feeds.
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