2014 TND to TRY Historical Review

YEARLY HIGH

1.4378 TRY

YEARLY LOW

1.2007 TRY

YEARLY AVERAGE

1.2912 TRY

2014 TND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.4378. Conversely, the yearly low was recorded on November 27, dropping to 1.2007.

This high-to-low spread represents a total annual volatility of 0.2371 TRY. From a start-to-finish perspective, comparing the January average rate of 1.3507 to the December average rate of 1.2361, the exchange rate registered a net change of -8.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4378 was up 9.84% compared to the 2013 peak of 1.3090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,189 TRY

2013 Average 5,860 TRY

Yearly Trough Low 6,003 TRY

Transaction Impact: A difference of 1,185.74 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4221

1.1996

JanuMarcMayJulySeptNove

TND 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 1.3413, compared to 1.2411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 1.3413

H2 Avg (Jul–Dec) 1.2411

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1336 TRY (High: 1.4378 / Low: 1.3043). On the other end, August was the most stable month, with a tight range of 0.0209 TRY (High: 1.2614 / Low: 1.2405).

January Spread (Volatile) ±0.1336

August Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0657 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.3507) against the same month in 2013 (average: 1.1388), the exchange rate shifted by +0.2119 (+18.61%).

2014 Avg (January) 1.3507

2013 Avg (January) 1.1388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4378	1.3043	1.3507
February	1.4186	1.3738	1.3890
March	1.4243	1.3570	1.4035
April	1.3550	1.3193	1.3378
May	1.3157	1.2762	1.2911
June	1.2927	1.2597	1.2760
July	1.2647	1.2133	1.2388
August	1.2614	1.2405	1.2525
September	1.2691	1.2258	1.2496
October	1.2667	1.2154	1.2518
November	1.2322	1.2007	1.2181
December	1.2780	1.2043	1.2361