2014 BND to TRY Historical Review

YEARLY HIGH

1.8224 TRY

YEARLY LOW

1.6532 TRY

YEARLY AVERAGE

1.7263 TRY

2014 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.8224. Conversely, the yearly low was recorded on May 13, dropping to 1.6532.

This high-to-low spread represents a total annual volatility of 0.1692 TRY. From a start-to-finish perspective, comparing the January average rate of 1.7439 to the December average rate of 1.7435, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8224 was up 7.38% compared to the 2013 peak of 1.6972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,112 TRY

2013 Average 7,616 TRY

Yearly Trough Low 8,266 TRY

Transaction Impact: A difference of 845.88 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7798

1.6603

JanuMarcMayJulySeptNove

BND 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 1.7154, compared to 1.7372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 1.7154

H2 Avg (Jul–Dec) 1.7372

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1252 TRY (High: 1.8224 / Low: 1.6972). On the other end, May was the most stable month, with a tight range of 0.0315 TRY (High: 1.6848 / Low: 1.6532).

January Spread (Volatile) ±0.1252

May Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0536 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.7439) against the same month in 2013 (average: 1.4434), the exchange rate shifted by +0.3004 (+20.81%).

2014 Avg (January) 1.7439

2013 Avg (January) 1.4434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8224	1.6972	1.7439
February	1.7839	1.7217	1.7441
March	1.7674	1.7053	1.7472
April	1.7098	1.6745	1.6936
May	1.6848	1.6532	1.6703
June	1.7155	1.6600	1.6933
July	1.7204	1.6856	1.7046
August	1.7448	1.7091	1.7291
September	1.7877	1.7162	1.7517
October	1.7958	1.7239	1.7698
November	1.7518	1.7005	1.7243
December	1.8047	1.6965	1.7435