2011 TRY to BIF Historical Review

YEARLY HIGH

815.0635 BIF

YEARLY LOW

648.6224 BIF

YEARLY AVERAGE

722.6025 BIF

2011 TRY to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 815.0635. Conversely, the yearly low was recorded on October 4, dropping to 648.6224.

This high-to-low spread represents a total annual volatility of 166.4411 BIF. From a start-to-finish perspective, comparing the January average rate of 724.4320 to the December average rate of 689.1820, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 815.0635 was down 0.20% compared to the 2010 peak of 816.7147, 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 40,753,175 BIF

2010 Average 37,724,233 BIF

Yearly Trough Low 32,431,118 BIF

Transaction Impact: A difference of 8,322,057.10 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

812.2209

660.0578

JanuMarcMayJulySeptNove

TRY to BIF 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 750.4877, compared to 694.7173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.7704 points.

H1 Avg (Jan–Jun) 750.4877

H2 Avg (Jul–Dec) 694.7173

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 77.1476 BIF (High: 815.0635 / Low: 737.9159). On the other end, February was the most stable month, with a tight range of 14.5138 BIF (High: 722.0732 / Low: 707.5594).

April Spread (Volatile) ±77.1476

February Spread (Stable) ±14.5138

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 41.6881 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -41.6881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 799.5406) against the same month in 2010 (average: 764.3666), the exchange rate shifted by +35.1740 (+4.60%).

2011 Avg (April) 799.5406

2010 Avg (April) 764.3666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	737.1260	707.0712	724.4320
February	722.0732	707.5594	715.4268
March	736.5562	704.1407	719.8353
April	815.0635	737.9159	799.5406
May	806.7056	759.3397	777.8976
June	777.2367	745.7631	765.7936
July	763.4042	715.0077	741.0351
August	732.5026	685.3026	699.3470
September	714.3319	661.3275	684.4165
October	706.1132	648.6224	672.7380
November	709.1827	654.5643	681.5850
December	713.4097	669.9626	689.1820