YEARLY HIGH
1.3464 PEN
YEARLY LOW
1.2092 PEN
YEARLY AVERAGE
1.2981 PEN

2014 TRY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 1.3464. Conversely, the yearly low was recorded on January 26, dropping to 1.2092.

This high-to-low spread represents a total annual volatility of 0.1371 PEN. From a start-to-finish perspective, comparing the January average rate of 1.2666 to the December average rate of 1.2911, 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 1.3464 was down 8.82% compared to the 2013 peak of 1.4766, 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 67,318 PEN
2013 Average 70,989 PEN
Yearly Trough Low 60,462 PEN
Transaction Impact: A difference of 6,855.43 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3412
1.2598
JanuMarcMayJulySeptNove

TRY to PEN 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 1.2959, compared to 1.3003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 1.2959
H2 Avg (Jul–Dec) 1.3003

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0953 PEN (High: 1.3046 / Low: 1.2092). On the other end, November was the most stable month, with a tight range of 0.0234 PEN (High: 1.3184 / Low: 1.2950).

January Spread (Volatile) ±0.0953
November Spread (Stable) ±0.0234

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 0.0186 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.3344) against the same month in 2013 (average: 1.4485), the exchange rate shifted by -0.1141 (-7.87%).

2014 Avg (May) 1.3344
2013 Avg (May) 1.4485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3046 1.2092 1.2666
February 1.2914 1.2404 1.2739
March 1.3089 1.2518 1.2680
April 1.3320 1.2974 1.3135
May 1.3464 1.3193 1.3344
June 1.3418 1.3033 1.3189
July 1.3321 1.3016 1.3148
August 1.3182 1.2912 1.3036
September 1.3266 1.2695 1.2948
October 1.3265 1.2654 1.2879
November 1.3184 1.2950 1.3097
December 1.3200 1.2612 1.2911