2014 BZD to TRY Historical Review

YEARLY HIGH

1.1780 TRY

YEARLY LOW

1.0282 TRY

YEARLY AVERAGE

1.0948 TRY

2014 BZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.1780. Conversely, the yearly low was recorded on May 13, dropping to 1.0282.

This high-to-low spread represents a total annual volatility of 0.1498 TRY. From a start-to-finish perspective, comparing the January average rate of 1.1130 to the December average rate of 1.1485, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1780 was up 9.30% compared to the 2013 peak of 1.0778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,890 TRY

2013 Average 4,773 TRY

Yearly Trough Low 5,141 TRY

Transaction Impact: A difference of 748.93 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1593

1.0303

JanuMarcMayJulySeptNove

BZD 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 1.0820, compared to 1.1076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 1.0820

H2 Avg (Jul–Dec) 1.1076

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0913 TRY (High: 1.1690 / Low: 1.0778). On the other end, May was the most stable month, with a tight range of 0.0221 TRY (High: 1.0503 / Low: 1.0282).

January Spread (Volatile) ±0.0913

May Spread (Stable) ±0.0221

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 0.0568 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.1485) against the same month in 2013 (average: 1.0369), the exchange rate shifted by +0.1116 (+10.76%).

2014 Avg (December) 1.1485

2013 Avg (December) 1.0369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1690	1.0778	1.1130
February	1.1417	1.0933	1.1098
March	1.1272	1.0681	1.1124
April	1.0674	1.0419	1.0555
May	1.0503	1.0282	1.0411
June	1.0741	1.0405	1.0604
July	1.0698	1.0471	1.0603
August	1.0914	1.0666	1.0806
September	1.1431	1.0753	1.1082
October	1.1483	1.1009	1.1298
November	1.1335	1.1060	1.1180
December	1.1780	1.1088	1.1485