2014 TRY to BTN Historical Review

YEARLY HIGH

28.8808 BTN

YEARLY LOW

26.7394 BTN

YEARLY AVERAGE

27.9068 BTN

2014 TRY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 28.8808. Conversely, the yearly low was recorded on December 15, dropping to 26.7394.

This high-to-low spread represents a total annual volatility of 2.1414 BTN. From a start-to-finish perspective, comparing the January average rate of 27.9836 to the December average rate of 27.3507, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 28.8808 was down 13.20% compared to the 2013 peak of 33.2720, 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 1,444,038 BTN

2013 Average 1,535,548 BTN

Yearly Trough Low 1,336,970 BTN

Transaction Impact: A difference of 107,068.23 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

28.5050

27.0885

JanuMarcMayJulySeptNove

TRY to BTN 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 28.1137, compared to 27.6999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4138 points.

H1 Avg (Jan–Jun) 28.1137

H2 Avg (Jul–Dec) 27.6999

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.0253 BTN (High: 28.8386 / Low: 26.8133). On the other end, June was the most stable month, with a tight range of 0.4873 BTN (High: 28.4879 / Low: 28.0006).

January Spread (Volatile) ±2.0253

June Spread (Stable) ±0.4873

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7042 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 28.3866) against the same month in 2013 (average: 30.0967), the exchange rate shifted by -1.7101 (-5.68%).

2014 Avg (May) 28.3866

2013 Avg (May) 30.0967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.8386	26.8133	27.9836
February	28.5096	27.5092	28.1729
March	28.0614	27.1940	27.5520
April	28.6155	27.9250	28.3870
May	28.8808	27.8096	28.3866
June	28.4879	28.0006	28.2000
July	28.7118	28.0155	28.3409
August	28.6704	27.7740	28.1889
September	28.0099	26.9790	27.4847
October	27.9247	26.7996	27.2065
November	27.9963	27.1913	27.6273
December	28.0254	26.7394	27.3507