2014 PEN to TRY Historical Review

YEARLY HIGH

0.8270 TRY

YEARLY LOW

0.7427 TRY

YEARLY AVERAGE

0.7706 TRY

2014 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.8270. Conversely, the yearly low was recorded on May 13, dropping to 0.7427.

This high-to-low spread represents a total annual volatility of 0.0842 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7899 to the December average rate of 0.7747, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8270 was up 7.10% compared to the 2013 peak of 0.7722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,135 TRY

2013 Average 3,524 TRY

Yearly Trough Low 3,714 TRY

Transaction Impact: A difference of 421.08 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7939

0.7454

JanuMarcMayJulySeptNove

PEN 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 0.7721, compared to 0.7692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.7721

H2 Avg (Jul–Dec) 0.7692

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0604 TRY (High: 0.8270 / Low: 0.7665). On the other end, November was the most stable month, with a tight range of 0.0137 TRY (High: 0.7722 / Low: 0.7585).

January Spread (Volatile) ±0.0604

November Spread (Stable) ±0.0137

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 March and April, when the average rate fell by 0.0274 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.7899) against the same month in 2013 (average: 0.6944), the exchange rate shifted by +0.0955 (+13.75%).

2014 Avg (January) 0.7899

2013 Avg (January) 0.6944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8270	0.7665	0.7899
February	0.8062	0.7744	0.7851
March	0.7989	0.7640	0.7887
April	0.7707	0.7508	0.7614
May	0.7580	0.7427	0.7494
June	0.7673	0.7453	0.7582
July	0.7683	0.7507	0.7606
August	0.7745	0.7586	0.7671
September	0.7877	0.7538	0.7725
October	0.7903	0.7539	0.7766
November	0.7722	0.7585	0.7635
December	0.7929	0.7576	0.7747