2014 TRY to BIF Historical Review

YEARLY HIGH

748.5498 BIF

YEARLY LOW

664.7533 BIF

YEARLY AVERAGE

710.1648 BIF

2014 TRY to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 748.5498. Conversely, the yearly low was recorded on December 16, dropping to 664.7533.

This high-to-low spread represents a total annual volatility of 83.7965 BIF. From a start-to-finish perspective, comparing the January average rate of 698.2769 to the December average rate of 682.0714, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 748.5498 was down 16.77% compared to the 2013 peak of 899.3748, 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 37,427,491 BIF

2013 Average 40,783,435 BIF

Yearly Trough Low 33,237,665 BIF

Transaction Impact: A difference of 4,189,825.90 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

745.6830

676.2885

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 716.7532, compared to 703.5764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.1768 points.

H1 Avg (Jan–Jun) 716.7532

H2 Avg (Jul–Dec) 703.5764

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 54.6201 BIF (High: 720.5088 / Low: 665.8887). On the other end, August was the most stable month, with a tight range of 14.9925 BIF (High: 724.2830 / Low: 709.2905).

January Spread (Volatile) ±54.6201

August Spread (Stable) ±14.9925

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 August and September, when the average rate fell by 17.9423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.9423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 739.9001) against the same month in 2013 (average: 861.1328), the exchange rate shifted by -121.2327 (-14.08%).

2014 Avg (May) 739.9001

2013 Avg (May) 861.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	720.5088	665.8887	698.2769
February	711.6783	681.5631	702.1618
March	722.7998	691.9607	701.3473
April	738.8215	722.6603	728.6921
May	748.5498	732.6076	739.9001
June	742.9765	718.8180	730.1408
July	741.7775	718.5287	730.9827
August	724.2830	709.2905	717.8069
September	718.6677	680.3429	699.8646
October	711.6960	668.6218	691.1787
November	706.1185	688.7546	699.5542
December	706.5131	664.7533	682.0714