YEARLY HIGH
55.9389 ISK
YEARLY LOW
49.3367 ISK
YEARLY AVERAGE
53.3354 ISK

2014 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 55.9389. Conversely, the yearly low was recorded on January 26, dropping to 49.3367.

This high-to-low spread represents a total annual volatility of 6.6022 ISK. From a start-to-finish perspective, comparing the January average rate of 52.1895 to the December average rate of 54.5942, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 55.9389 was down 23.48% compared to the 2013 peak of 73.1047, 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 2,796,945 ISK
2013 Average 3,215,485 ISK
Yearly Trough Low 2,466,833 ISK
Transaction Impact: A difference of 330,111.27 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

55.7854
50.5448
JanuMarcMayJulySeptNove

TRY to ISK 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 52.5362, compared to 54.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5984 points.

H1 Avg (Jan–Jun) 52.5362
H2 Avg (Jul–Dec) 54.1346

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 4.5360 ISK (High: 53.8727 / Low: 49.3367). On the other end, August was the most stable month, with a tight range of 0.8143 ISK (High: 54.0989 / Low: 53.2846).

January Spread (Volatile) ±4.5360
August Spread (Stable) ±0.8143

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.7545 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 55.3487) against the same month in 2013 (average: 60.0458), the exchange rate shifted by -4.6971 (-7.82%).

2014 Avg (November) 55.3487
2013 Avg (November) 60.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.8727 49.3367 52.1895
February 52.4230 50.7371 51.7212
March 52.5505 50.1723 50.9815
April 53.6193 52.1665 52.8225
May 54.7568 53.1166 53.8484
June 54.6406 53.0969 53.6540
July 55.0847 52.9337 53.8895
August 54.0989 53.2846 53.6981
September 54.5935 52.8887 53.7294
October 55.2872 52.8396 53.5477
November 55.9389 54.7858 55.3487
December 55.7340 52.4795 54.5942