2014 TRY to CDF Historical Review

YEARLY HIGH

445.4452 CDF

YEARLY LOW

392.7171 CDF

YEARLY AVERAGE

422.5072 CDF

2014 TRY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 445.4452. Conversely, the yearly low was recorded on December 16, dropping to 392.7171.

This high-to-low spread represents a total annual volatility of 52.7281 CDF. From a start-to-finish perspective, comparing the January average rate of 416.7071 to the December average rate of 403.5985, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 445.4452 was down 15.24% compared to the 2013 peak of 525.5343, 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 22,272,260 CDF

2013 Average 24,273,402 CDF

Yearly Trough Low 19,635,855 CDF

Transaction Impact: A difference of 2,636,405.30 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

444.7283

399.8594

JanuMarcMayJulySeptNove

TRY to CDF 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 426.9819, compared to 418.0324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.9495 points.

H1 Avg (Jan–Jun) 426.9819

H2 Avg (Jul–Dec) 418.0324

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 33.5477 CDF (High: 429.7818 / Low: 396.2341). On the other end, April was the most stable month, with a tight range of 9.1463 CDF (High: 438.8328 / Low: 429.6865).

January Spread (Volatile) ±33.5477

April Spread (Stable) ±9.1463

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 November and December, when the average rate fell by 10.8093 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.8093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 440.9892) against the same month in 2013 (average: 504.8356), the exchange rate shifted by -63.8464 (-12.65%).

2014 Avg (May) 440.9892

2013 Avg (May) 504.8356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	429.7818	396.2341	416.7071
February	423.5793	405.4128	417.5639
March	429.6359	411.4636	416.8407
April	438.8328	429.6865	434.0651
May	445.4452	436.0466	440.9892
June	444.0406	429.2058	435.7257
July	441.5352	431.9527	435.5054
August	433.6317	422.9618	427.5623
September	428.9572	406.0146	417.3476
October	420.8786	403.3606	409.7728
November	418.5145	408.9953	414.4078
December	417.7711	392.7171	403.5985