YEARLY HIGH
0.9039 TOP
YEARLY LOW
0.7952 TOP
YEARLY AVERAGE
0.8630 TOP

2014 TRY to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.9039. Conversely, the yearly low was recorded on January 26, dropping to 0.7952.

This high-to-low spread represents a total annual volatility of 0.1087 TOP. From a start-to-finish perspective, comparing the January average rate of 0.8395 to the December average rate of 0.8556, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9039 was down 8.39% compared to the 2013 peak of 0.9867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 45,195 TOP
2013 Average 47,095 TOP
Yearly Trough Low 39,762 TOP
Transaction Impact: A difference of 5,433.29 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8960
0.8335
JanuMarcMayJulySeptNove

TRY to TOP 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 0.8583, compared to 0.8678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.8583
H2 Avg (Jul–Dec) 0.8678

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0725 TOP (High: 0.8677 / Low: 0.7952). On the other end, September was the most stable month, with a tight range of 0.0191 TOP (High: 0.8695 / Low: 0.8504).

January Spread (Volatile) ±0.0725
September Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0351 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.8908) against the same month in 2013 (average: 0.8963), the exchange rate shifted by -0.0055 (-0.61%).

2014 Avg (November) 0.8908
2013 Avg (November) 0.8963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8677 0.7952 0.8395
February 0.8557 0.8269 0.8466
March 0.8609 0.8155 0.8387
April 0.8792 0.8474 0.8617
May 0.8970 0.8741 0.8863
June 0.9018 0.8626 0.8773
July 0.8825 0.8493 0.8695
August 0.8756 0.8407 0.8606
September 0.8695 0.8504 0.8608
October 0.8973 0.8495 0.8692
November 0.9039 0.8750 0.8908
December 0.8912 0.8347 0.8556