2014 TRY to ETB Historical Review

YEARLY HIGH

9.4468 ETB

YEARLY LOW

8.2432 ETB

YEARLY AVERAGE

8.9969 ETB

2014 TRY to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 9.4468. Conversely, the yearly low was recorded on January 25, dropping to 8.2432.

This high-to-low spread represents a total annual volatility of 1.2036 ETB. From a start-to-finish perspective, comparing the January average rate of 8.6403 to the December average rate of 8.7927, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.4468 was down 9.92% compared to the 2013 peak of 10.4871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 472,339 ETB

2013 Average 492,090 ETB

Yearly Trough Low 412,159 ETB

Transaction Impact: A difference of 60,180.80 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.4021

8.5711

JanuMarcMayJulySeptNove

TRY to ETB 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 8.9671, compared to 9.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0597 points.

H1 Avg (Jan–Jun) 8.9671

H2 Avg (Jul–Dec) 9.0268

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.6622 ETB (High: 8.9054 / Low: 8.2432). On the other end, May was the most stable month, with a tight range of 0.1787 ETB (High: 9.4299 / Low: 9.2512).

January Spread (Volatile) ±0.6622

May Spread (Stable) ±0.1787

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.2005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 9.3096) against the same month in 2013 (average: 9.7003), the exchange rate shifted by -0.3907 (-4.03%).

2014 Avg (July) 9.3096

2013 Avg (July) 9.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.9054	8.2432	8.6403
February	8.8450	8.4429	8.7120
March	9.0242	8.5924	8.7178
April	9.2420	9.0458	9.1514
May	9.4299	9.2512	9.3329
June	9.4185	9.1355	9.2479
July	9.4468	9.2125	9.3096
August	9.2848	9.1051	9.1849
September	9.2726	8.7574	9.0078
October	9.1120	8.7315	8.8724
November	9.1042	8.8579	8.9932
December	9.0835	8.5668	8.7927

૨૦૨૫ TRY થી ETB ઐતિહાસિક સમીક્ષા