YEARLY HIGH
0.1213 TRY
YEARLY LOW
0.1059 TRY
YEARLY AVERAGE
0.1112 TRY

2014 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1213. Conversely, the yearly low was recorded on July 27, dropping to 0.1059.

This high-to-low spread represents a total annual volatility of 0.0155 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1158 to the December average rate of 0.1138, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1213 was up 8.07% compared to the 2013 peak of 0.1123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 607 TRY
2013 Average 509 TRY
Yearly Trough Low 529 TRY
Transaction Impact: A difference of 77.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1167
0.1063
JanuMarcMayJulySeptNove

ETB 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 0.1116, compared to 0.1108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1116
H2 Avg (Jul–Dec) 0.1108

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0090 TRY (High: 0.1213 / Low: 0.1123). On the other end, May was the most stable month, with a tight range of 0.0020 TRY (High: 0.1081 / Low: 0.1060).

January Spread (Volatile) ±0.0090
May Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1158) against the same month in 2013 (average: 0.0968), the exchange rate shifted by +0.0190 (+19.62%).

2014 Avg (January) 0.1158
2013 Avg (January) 0.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1213 0.1123 0.1158
February 0.1184 0.1131 0.1148
March 0.1164 0.1108 0.1147
April 0.1105 0.1082 0.1093
May 0.1081 0.1060 0.1072
June 0.1095 0.1062 0.1081
July 0.1085 0.1059 0.1074
August 0.1098 0.1077 0.1089
September 0.1142 0.1078 0.1110
October 0.1145 0.1097 0.1127
November 0.1129 0.1098 0.1112
December 0.1167 0.1101 0.1138