2013 TRY to ARS Historical Review

YEARLY HIGH

3.1057 ARS

YEARLY LOW

2.7488 ARS

YEARLY AVERAGE

2.8708 ARS

2013 TRY to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TRY to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 3.1057. Conversely, the yearly low was recorded on July 7, dropping to 2.7488.

This high-to-low spread represents a total annual volatility of 0.3568 ARS. From a start-to-finish perspective, comparing the January average rate of 2.7931 to the December average rate of 3.0640, the exchange rate registered a net change of 9.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 3.1057 was up 12.82% compared to the 2012 peak of 2.7527, 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 155,284 ARS

2012 Average 126,296 ARS

Yearly Trough Low 137,441 ARS

Transaction Impact: A difference of 17,842.09 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

3.0911

2.7660

JanuMarcMayJulySeptNove

TRY to ARS 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 2.8284, compared to 2.9131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0848 points.

H1 Avg (Jan–Jun) 2.8284

H2 Avg (Jul–Dec) 2.9131

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.1654 ARS (High: 2.9231 / Low: 2.7576). On the other end, March was the most stable month, with a tight range of 0.0318 ARS (High: 2.8292 / Low: 2.7975).

September Spread (Volatile) ±0.1654

March Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0617 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 3.0640) against the same month in 2012 (average: 2.7292), the exchange rate shifted by +0.3348 (+12.27%).

2013 Avg (December) 3.0640

2012 Avg (December) 2.7292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8257	2.7546	2.7931
February	2.8468	2.7873	2.8196
March	2.8292	2.7975	2.8139
April	2.8892	2.8301	2.8668
May	2.9044	2.8195	2.8693
June	2.8688	2.7573	2.8076
July	2.8621	2.7488	2.8113
August	2.8886	2.7737	2.8477
September	2.9231	2.7576	2.8409
October	2.9721	2.8756	2.9448
November	3.0399	2.9085	2.9702
December	3.1057	3.0122	3.0640