YEARLY HIGH
0.0270 TRY
YEARLY LOW
0.0210 TRY
YEARLY AVERAGE
0.0230 TRY

2013 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0270. Conversely, the yearly low was recorded on April 2, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0060 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0213 to the December average rate of 0.0257, the exchange rate registered a net change of 20.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0270 was up 21.45% compared to the 2012 peak of 0.0222, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135 TRY
2012 Average 105 TRY
Yearly Trough Low 105 TRY
Transaction Impact: A difference of 30.06 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0262
0.0207
JanuMarcMayJulySeptNove

CVE 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 0.0216, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0216
H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0020 TRY (High: 0.0270 / Low: 0.0250). On the other end, February was the most stable month, with a tight range of 0.0003 TRY (High: 0.0217 / Low: 0.0214).

December Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0257) against the same month in 2012 (average: 0.0212), the exchange rate shifted by +0.0045 (+21.35%).

2013 Avg (December) 0.0257
2012 Avg (December) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0211 0.0213
February 0.0217 0.0214 0.0215
March 0.0216 0.0210 0.0212
April 0.0215 0.0210 0.0212
May 0.0220 0.0212 0.0215
June 0.0233 0.0221 0.0227
July 0.0235 0.0225 0.0229
August 0.0248 0.0231 0.0237
September 0.0251 0.0242 0.0246
October 0.0250 0.0244 0.0247
November 0.0251 0.0246 0.0248
December 0.0270 0.0250 0.0257