YEARLY HIGH
47.7242 CVE
YEARLY LOW
37.0850 CVE
YEARLY AVERAGE
43.6897 CVE

2013 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 47.7242. Conversely, the yearly low was recorded on December 29, dropping to 37.0850.

This high-to-low spread represents a total annual volatility of 10.6392 CVE. From a start-to-finish perspective, comparing the January average rate of 46.8661 to the December average rate of 38.8561, the exchange rate registered a net change of -17.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 47.7242 was down 5.75% compared to the 2012 peak of 50.6352, 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 2,386,210 CVE
2012 Average 2,387,667 CVE
Yearly Trough Low 1,854,250 CVE
Transaction Impact: A difference of 531,960.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

48.0359
38.0216
JanuMarcMayJulySeptNove

TRY to CVE 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 46.3746, compared to 41.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3696 points.

H1 Avg (Jan–Jun) 46.3746
H2 Avg (Jul–Dec) 41.0049

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 3.0509 CVE (High: 43.3778 / Low: 40.3269). On the other end, February was the most stable month, with a tight range of 0.6396 CVE (High: 46.8132 / Low: 46.1736).

August Spread (Volatile) ±3.0509
February Spread (Stable) ±0.6396

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.4678 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.4678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 47.2014) against the same month in 2012 (average: 46.9244), the exchange rate shifted by +0.2769 (+0.59%).

2013 Avg (April) 47.2014
2012 Avg (April) 46.9244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.3713 46.1390 46.8661
February 46.8132 46.1736 46.4738
March 47.6212 46.3867 47.0711
April 47.7242 46.5575 47.2014
May 47.1060 45.3888 46.5513
June 45.3020 42.9220 44.0836
July 44.3640 42.5627 43.6038
August 43.3778 40.3269 42.1697
September 41.2762 39.8433 40.6075
October 41.0174 39.9336 40.5430
November 40.6495 39.8071 40.2494
December 40.0511 37.0850 38.8561