2014 NGN to TRY Historical Review

YEARLY HIGH

0.0145 TRY

YEARLY LOW

0.0121 TRY

YEARLY AVERAGE

0.0133 TRY

2014 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0145. Conversely, the yearly low was recorded on December 1, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0024 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0126, the exchange rate registered a net change of -9.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0145 was up 8.29% compared to the 2013 peak of 0.0134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 14,533 TRY

2013 Average 11,964 TRY

Yearly Trough Low 12,123 TRY

Transaction Impact: A difference of 2,410.85 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0140

0.0125

JanuMarcMayJulySeptNove

NGN 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 0.0133, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0133

H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0012 TRY (High: 0.0136 / Low: 0.0124). On the other end, July was the most stable month, with a tight range of 0.0003 TRY (High: 0.0132 / Low: 0.0129).

November Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and October, 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 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0139) against the same month in 2013 (average: 0.0113), the exchange rate shifted by +0.0026 (+22.71%).

2014 Avg (January) 0.0139

2013 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0145	0.0134	0.0139
February	0.0140	0.0132	0.0135
March	0.0136	0.0130	0.0134
April	0.0133	0.0128	0.0131
May	0.0132	0.0128	0.0129
June	0.0132	0.0127	0.0130
July	0.0132	0.0129	0.0131
August	0.0135	0.0131	0.0133
September	0.0139	0.0133	0.0136
October	0.0140	0.0133	0.0137
November	0.0136	0.0124	0.0130
December	0.0131	0.0121	0.0126