2013 TOP to TRY Historical Review

YEARLY HIGH

1.1644 TRY

YEARLY LOW

1.0135 TRY

YEARLY AVERAGE

1.0627 TRY

2013 TOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.1644. Conversely, the yearly low was recorded on February 3, dropping to 1.0135.

This high-to-low spread represents a total annual volatility of 0.1509 TRY. From a start-to-finish perspective, comparing the January average rate of 1.0210 to the December average rate of 1.1130, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.1644 was up 7.04% compared to the 2012 peak of 1.0879, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,822 TRY

2012 Average 5,180 TRY

Yearly Trough Low 5,067 TRY

Transaction Impact: A difference of 754.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.1254

1.0115

JanuMarcMayJulySeptNove

TOP 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 1.0365, compared to 1.0890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0524 points.

H1 Avg (Jan–Jun) 1.0365

H2 Avg (Jul–Dec) 1.0890

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0772 TRY (High: 1.1644 / Low: 1.0872). On the other end, April was the most stable month, with a tight range of 0.0109 TRY (High: 1.0361 / Low: 1.0252).

December Spread (Volatile) ±0.0772

April Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0140 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.1130) against the same month in 2012 (average: 1.0274), the exchange rate shifted by +0.0856 (+8.33%).

2013 Avg (December) 1.1130

2012 Avg (December) 1.0274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0291	1.0135	1.0210
February	1.0459	1.0135	1.0270
March	1.0411	1.0290	1.0345
April	1.0361	1.0252	1.0314
May	1.0758	1.0280	1.0431
June	1.0849	1.0367	1.0621
July	1.0567	1.0337	1.0481
August	1.1014	1.0373	1.0583
September	1.1276	1.0684	1.0981
October	1.1176	1.0876	1.1004
November	1.1382	1.0862	1.1159
December	1.1644	1.0872	1.1130