2014 BTN to TRY Historical Review

YEARLY HIGH

0.0374 TRY

YEARLY LOW

0.0346 TRY

YEARLY AVERAGE

0.0358 TRY

2014 BTN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0374. Conversely, the yearly low was recorded on May 11, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0028 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0358 to the December average rate of 0.0366, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0374 was up 7.46% compared to the 2013 peak of 0.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187 TRY

2013 Average 163 TRY

Yearly Trough Low 173 TRY

Transaction Impact: A difference of 13.86 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0369

0.0351

JanuMarcMayJulySeptNove

BTN 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 0.0356, compared to 0.0361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0356

H2 Avg (Jul–Dec) 0.0361

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0026 TRY (High: 0.0373 / Low: 0.0347). On the other end, June was the most stable month, with a tight range of 0.0006 TRY (High: 0.0357 / Low: 0.0351).

January Spread (Volatile) ±0.0026

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0366) against the same month in 2013 (average: 0.0334), the exchange rate shifted by +0.0032 (+9.47%).

2014 Avg (December) 0.0366

2013 Avg (December) 0.0334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0373	0.0347	0.0358
February	0.0364	0.0351	0.0355
March	0.0368	0.0356	0.0363
April	0.0358	0.0349	0.0352
May	0.0360	0.0346	0.0352
June	0.0357	0.0351	0.0355
July	0.0357	0.0348	0.0353
August	0.0360	0.0349	0.0355
September	0.0371	0.0357	0.0364
October	0.0373	0.0358	0.0368
November	0.0368	0.0357	0.0362
December	0.0374	0.0357	0.0366