2014 MAD to TRY Historical Review

YEARLY HIGH

0.2845 TRY

YEARLY LOW

0.2497 TRY

YEARLY AVERAGE

0.2602 TRY

2014 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.2845. Conversely, the yearly low was recorded on November 27, dropping to 0.2497.

This high-to-low spread represents a total annual volatility of 0.0348 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2696 to the December average rate of 0.2568, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2845 was up 7.83% compared to the 2013 peak of 0.2639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,423 TRY

2013 Average 1,134 TRY

Yearly Trough Low 1,249 TRY

Transaction Impact: A difference of 173.96 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2741

0.2504

JanuMarcMayJulySeptNove

MAD 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 0.2641, compared to 0.2563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.2641

H2 Avg (Jul–Dec) 0.2563

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0220 TRY (High: 0.2845 / Low: 0.2625). On the other end, August was the most stable month, with a tight range of 0.0050 TRY (High: 0.2598 / Low: 0.2548).

January Spread (Volatile) ±0.0220

August Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0109 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2696) against the same month in 2013 (average: 0.2109), the exchange rate shifted by +0.0587 (+27.83%).

2014 Avg (January) 0.2696

2013 Avg (January) 0.2109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2845	0.2625	0.2696
February	0.2751	0.2660	0.2689
March	0.2761	0.2631	0.2722
April	0.2642	0.2577	0.2613
May	0.2599	0.2528	0.2556
June	0.2599	0.2514	0.2568
July	0.2589	0.2513	0.2560
August	0.2598	0.2548	0.2574
September	0.2605	0.2516	0.2569
October	0.2616	0.2511	0.2581
November	0.2550	0.2497	0.2524
December	0.2668	0.2504	0.2568