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2014 TRY to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 28.8808. Conversely, the yearly low was recorded on December 15, dropping to 26.7394.
This high-to-low spread represents a total annual volatility of 2.1414 BTN. From a start-to-finish perspective, comparing the January average rate of 27.9836 to the December average rate of 27.3507, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 28.8808 was down 13.20% compared to the 2013 peak of 33.2720, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to BTN 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: JanâJun) was 28.1137, compared to 27.6999 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.4138 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 2.0253 BTN (High: 28.8386 / Low: 26.8133). On the other end, June was the most stable month, with a tight range of 0.4873 BTN (High: 28.4879 / Low: 28.0006).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7042 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 28.3866) against the same month in 2013 (average: 30.0967), the exchange rate shifted by -1.7101 (-5.68%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 28.8386 | 26.8133 | 27.9836 |
| February | 28.5096 | 27.5092 | 28.1729 |
| March | 28.0614 | 27.1940 | 27.5520 |
| April | 28.6155 | 27.9250 | 28.3870 |
| May | 28.8808 | 27.8096 | 28.3866 |
| June | 28.4879 | 28.0006 | 28.2000 |
| July | 28.7118 | 28.0155 | 28.3409 |
| August | 28.6704 | 27.7740 | 28.1889 |
| September | 28.0099 | 26.9790 | 27.4847 |
| October | 27.9247 | 26.7996 | 27.2065 |
| November | 27.9963 | 27.1913 | 27.6273 |
| December | 28.0254 | 26.7394 | 27.3507 |