2011 GMD to TRY Historical Review

YEARLY HIGH

0.0669 TRY

YEARLY LOW

0.0541 TRY

YEARLY AVERAGE

0.0596 TRY

2011 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0669. Conversely, the yearly low was recorded on April 21, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0128 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0565 to the December average rate of 0.0646, the exchange rate registered a net change of 14.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0669 was up 13.84% compared to the 2010 peak of 0.0588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 335 TRY

2010 Average 273 TRY

Yearly Trough Low 271 TRY

Transaction Impact: A difference of 63.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0655

0.0543

JanuMarcMayJulySeptNove

GMD 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 0.0567, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0567

H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0078 TRY (High: 0.0648 / Low: 0.0571). On the other end, February was the most stable month, with a tight range of 0.0022 TRY (High: 0.0581 / Low: 0.0558).

July Spread (Volatile) ±0.0078

February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0646) against the same month in 2010 (average: 0.0551), the exchange rate shifted by +0.0095 (+17.25%).

2011 Avg (December) 0.0646

2010 Avg (December) 0.0551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0591	0.0548	0.0565
February	0.0581	0.0558	0.0567
March	0.0588	0.0556	0.0571
April	0.0573	0.0541	0.0552
May	0.0588	0.0543	0.0569
June	0.0608	0.0555	0.0581
July	0.0648	0.0571	0.0598
August	0.0654	0.0590	0.0631
September	0.0635	0.0599	0.0617
October	0.0662	0.0592	0.0630
November	0.0655	0.0597	0.0621
December	0.0669	0.0616	0.0646