2015 MAD to TRY Historical Review

YEARLY HIGH

0.3164 TRY

YEARLY LOW

0.2436 TRY

YEARLY AVERAGE

0.2793 TRY

2015 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.3164. Conversely, the yearly low was recorded on January 24, dropping to 0.2436.

This high-to-low spread represents a total annual volatility of 0.0729 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2496 to the December average rate of 0.2953, the exchange rate registered a net change of 18.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3164 was up 11.20% compared to the 2014 peak of 0.2845, 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 1,582 TRY

2014 Average 1,301 TRY

Yearly Trough Low 1,218 TRY

Transaction Impact: A difference of 364.30 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3174

0.2435

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 0.2646, compared to 0.2940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.2646

H2 Avg (Jul–Dec) 0.2940

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0270 TRY (High: 0.3086 / Low: 0.2816). On the other end, February was the most stable month, with a tight range of 0.0077 TRY (High: 0.2614 / Low: 0.2537).

August Spread (Volatile) ±0.0270

February Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.0128 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.3113) against the same month in 2014 (average: 0.2569), the exchange rate shifted by +0.0543 (+21.15%).

2015 Avg (September) 0.3113

2014 Avg (September) 0.2569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2578	0.2436	0.2496
February	0.2614	0.2537	0.2583
March	0.2667	0.2586	0.2620
April	0.2748	0.2612	0.2674
May	0.2795	0.2646	0.2720
June	0.2851	0.2719	0.2783
July	0.2826	0.2679	0.2749
August	0.3086	0.2816	0.2926
September	0.3164	0.3028	0.3113
October	0.3115	0.2953	0.3013
November	0.2936	0.2828	0.2885
December	0.3027	0.2877	0.2953