2011 MMK to TRY Historical Review

YEARLY HIGH

0.2964 TRY

YEARLY LOW

0.2311 TRY

YEARLY AVERAGE

0.2589 TRY

2011 MMK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2964. Conversely, the yearly low was recorded on April 8, dropping to 0.2311.

This high-to-low spread represents a total annual volatility of 0.0653 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2407 to the December average rate of 0.2887, the exchange rate registered a net change of 19.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2964 was up 20.37% compared to the 2010 peak of 0.2463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,482 TRY

2010 Average 1,158 TRY

Yearly Trough Low 1,156 TRY

Transaction Impact: A difference of 326.56 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2942

0.2281

JanuMarcMayJulySeptNove

MMK 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 0.2415, compared to 0.2763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 0.2415

H2 Avg (Jul–Dec) 0.2763

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0252 TRY (High: 0.2897 / Low: 0.2645). On the other end, February was the most stable month, with a tight range of 0.0046 TRY (High: 0.2468 / Low: 0.2422).

September Spread (Volatile) ±0.0252

February Spread (Stable) ±0.0046

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 0.0090 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2887) against the same month in 2010 (average: 0.2340), the exchange rate shifted by +0.0546 (+23.35%).

2011 Avg (December) 0.2887

2010 Avg (December) 0.2340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2464	0.2360	0.2407
February	0.2468	0.2422	0.2442
March	0.2486	0.2372	0.2426
April	0.2362	0.2311	0.2336
May	0.2468	0.2334	0.2420
June	0.2527	0.2421	0.2460
July	0.2680	0.2472	0.2552
August	0.2779	0.2578	0.2716
September	0.2897	0.2645	0.2786
October	0.2922	0.2679	0.2829
November	0.2942	0.2701	0.2806
December	0.2964	0.2797	0.2887