2014 DJF to TRY Historical Review

YEARLY HIGH

0.0132 TRY

YEARLY LOW

0.0116 TRY

YEARLY AVERAGE

0.0123 TRY

2014 DJF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0132. Conversely, the yearly low was recorded on May 13, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0016 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0129, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0132 was up 9.18% compared to the 2013 peak of 0.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66 TRY

2013 Average 54 TRY

Yearly Trough Low 58 TRY

Transaction Impact: A difference of 8.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0130

0.0116

JanuMarcMayJulySeptNove

DJF 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 0.0121, compared to 0.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0121

H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0011 TRY (High: 0.0131 / Low: 0.0120). On the other end, April was the most stable month, with a tight range of 0.0002 TRY (High: 0.0120 / Low: 0.0118).

January Spread (Volatile) ±0.0011

April Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0129) against the same month in 2013 (average: 0.0116), the exchange rate shifted by +0.0013 (+10.85%).

2014 Avg (December) 0.0129

2013 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0120	0.0125
February	0.0128	0.0122	0.0124
March	0.0126	0.0120	0.0124
April	0.0120	0.0118	0.0119
May	0.0118	0.0116	0.0117
June	0.0120	0.0116	0.0119
July	0.0120	0.0117	0.0119
August	0.0122	0.0119	0.0121
September	0.0128	0.0121	0.0124
October	0.0129	0.0123	0.0126
November	0.0127	0.0124	0.0125
December	0.0132	0.0124	0.0129