2011 BAM to TRY Historical Review

YEARLY HIGH

1.3149 TRY

YEARLY LOW

1.0384 TRY

YEARLY AVERAGE

1.1929 TRY

2011 BAM to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BAM to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1.3149. Conversely, the yearly low was recorded on January 7, dropping to 1.0384.

This high-to-low spread represents a total annual volatility of 0.2765 TRY. From a start-to-finish perspective, comparing the January average rate of 1.0698 to the December average rate of 1.2587, the exchange rate registered a net change of 17.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3149 was up 19.27% compared to the 2010 peak of 1.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,574 TRY

2010 Average 5,104 TRY

Yearly Trough Low 5,192 TRY

Transaction Impact: A difference of 1,382.39 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3076

1.0482

JanuMarcMayJulySeptNove

BAM 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 1.1268, compared to 1.2590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1322 points.

H1 Avg (Jan–Jun) 1.1268

H2 Avg (Jul–Dec) 1.2590

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0882 TRY (High: 1.3149 / Low: 1.2267). On the other end, December was the most stable month, with a tight range of 0.0194 TRY (High: 1.2681 / Low: 1.2487).

August Spread (Volatile) ±0.0882

December Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0254 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.2860) against the same month in 2010 (average: 0.9954), the exchange rate shifted by +0.2906 (+29.20%).

2011 Avg (August) 1.2860

2010 Avg (August) 0.9954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1226	1.0384	1.0698
February	1.1293	1.0926	1.1082
March	1.1452	1.1177	1.1297
April	1.1521	1.1057	1.1223
May	1.1721	1.1312	1.1538
June	1.2033	1.1559	1.1770
July	1.2647	1.1793	1.2085
August	1.3149	1.2267	1.2860
September	1.2887	1.2407	1.2635
October	1.3122	1.2506	1.2813
November	1.2805	1.2388	1.2558
December	1.2681	1.2487	1.2587