2014 BGN to TRY Historical Review

YEARLY HIGH

1.6316 TRY

YEARLY LOW

1.4069 TRY

YEARLY AVERAGE

1.4842 TRY

2014 BGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.6316. Conversely, the yearly low was recorded on November 23, dropping to 1.4069.

This high-to-low spread represents a total annual volatility of 0.2248 TRY. From a start-to-finish perspective, comparing the January average rate of 1.5445 to the December average rate of 1.4445, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6316 was up 7.70% compared to the 2013 peak of 1.5149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,158 TRY

2013 Average 6,471 TRY

Yearly Trough Low 7,034 TRY

Transaction Impact: A difference of 1,123.75 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5776

1.4093

JanuMarcMayJulySeptNove

BGN 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 1.5147, compared to 1.4538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0609 points.

H1 Avg (Jan–Jun) 1.5147

H2 Avg (Jul–Dec) 1.4538

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1231 TRY (High: 1.6316 / Low: 1.5085). On the other end, November was the most stable month, with a tight range of 0.0309 TRY (High: 1.4377 / Low: 1.4069).

January Spread (Volatile) ±0.1231

November Spread (Stable) ±0.0309

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0635 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.5445) against the same month in 2013 (average: 1.2031), the exchange rate shifted by +0.3414 (+28.38%).

2014 Avg (January) 1.5445

2013 Avg (January) 1.2031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6316	1.5085	1.5445
February	1.5722	1.5236	1.5409
March	1.5860	1.5108	1.5636
April	1.5166	1.4782	1.5000
May	1.4931	1.4503	1.4674
June	1.4899	1.4409	1.4717
July	1.4870	1.4369	1.4666
August	1.4831	1.4518	1.4691
September	1.4761	1.4288	1.4580
October	1.4842	1.4195	1.4611
November	1.4377	1.4069	1.4233
December	1.5045	1.4108	1.4445