YEARLY HIGH
0.3408 TRY
YEARLY LOW
0.2995 TRY
YEARLY AVERAGE
0.3166 TRY

2014 BOB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3408. Conversely, the yearly low was recorded on May 13, dropping to 0.2995.

This high-to-low spread represents a total annual volatility of 0.0413 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3211 to the December average rate of 0.3321, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3408 was up 9.58% compared to the 2013 peak of 0.3110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,704 TRY
2013 Average 1,372 TRY
Yearly Trough Low 1,497 TRY
Transaction Impact: A difference of 206.59 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3351
0.2997
JanuMarcMayJulySeptNove

BOB 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 0.3130, compared to 0.3202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.3130
H2 Avg (Jul–Dec) 0.3202

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0266 TRY (High: 0.3369 / Low: 0.3103). On the other end, May was the most stable month, with a tight range of 0.0060 TRY (High: 0.3055 / Low: 0.2995).

January Spread (Volatile) ±0.0266
May Spread (Stable) ±0.0060

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 0.0127 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3321) against the same month in 2013 (average: 0.2991), the exchange rate shifted by +0.0330 (+11.04%).

2014 Avg (December) 0.3321
2013 Avg (December) 0.2991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3369 0.3103 0.3211
February 0.3295 0.3151 0.3198
March 0.3241 0.3103 0.3202
April 0.3106 0.3041 0.3075
May 0.3055 0.2995 0.3026
June 0.3105 0.3009 0.3066
July 0.3093 0.3028 0.3066
August 0.3154 0.3084 0.3124
September 0.3298 0.3104 0.3202
October 0.3315 0.3183 0.3265
November 0.3274 0.3199 0.3233
December 0.3408 0.3205 0.3321