2011 HNL to TRY Historical Review

YEARLY HIGH

0.1009 TRY

YEARLY LOW

0.0795 TRY

YEARLY AVERAGE

0.0888 TRY

2011 HNL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1009. Conversely, the yearly low was recorded on April 8, dropping to 0.0795.

This high-to-low spread represents a total annual volatility of 0.0214 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0828 to the December average rate of 0.0986, the exchange rate registered a net change of 19.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1009 was up 19.08% compared to the 2010 peak of 0.0847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 TRY

2010 Average 398 TRY

Yearly Trough Low 398 TRY

Transaction Impact: A difference of 106.92 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1005

0.0786

JanuMarcMayJulySeptNove

HNL 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 0.0831, compared to 0.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.0831

H2 Avg (Jul–Dec) 0.0945

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0085 TRY (High: 0.1005 / Low: 0.0919). On the other end, February was the most stable month, with a tight range of 0.0016 TRY (High: 0.0850 / Low: 0.0833).

October Spread (Volatile) ±0.0085

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0031 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0986) against the same month in 2010 (average: 0.0805), the exchange rate shifted by +0.0181 (+22.49%).

2011 Avg (December) 0.0986

2010 Avg (December) 0.0805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0848	0.0812	0.0828
February	0.0850	0.0833	0.0840
March	0.0856	0.0816	0.0835
April	0.0813	0.0795	0.0804
May	0.0850	0.0804	0.0833
June	0.0870	0.0833	0.0847
July	0.0909	0.0851	0.0876
August	0.0953	0.0890	0.0933
September	0.0983	0.0913	0.0951
October	0.1005	0.0919	0.0966
November	0.0997	0.0927	0.0957
December	0.1009	0.0962	0.0986