2013 TRY to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 TRY to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 47.7242. Conversely, the yearly low was recorded on December 29, dropping to 37.0850.
This high-to-low spread represents a total annual volatility of 10.6392 CVE. From a start-to-finish perspective, comparing the January average rate of 46.8661 to the December average rate of 38.8561, the exchange rate registered a net change of -17.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 47.7242 was down 5.75% compared to the 2012 peak of 50.6352, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
TRY to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 46.3746, compared to 41.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3696 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was August, with a trading range of 3.0509 CVE (High: 43.3778 / Low: 40.3269). On the other end, February was the most stable month, with a tight range of 0.6396 CVE (High: 46.8132 / Low: 46.1736).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 2.4678 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2013: 47.2014) against the same month in 2012 (average: 46.9244), the exchange rate shifted by +0.2769 (+0.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.3713 | 46.1390 | 46.8661 |
| February | 46.8132 | 46.1736 | 46.4738 |
| March | 47.6212 | 46.3867 | 47.0711 |
| April | 47.7242 | 46.5575 | 47.2014 |
| May | 47.1060 | 45.3888 | 46.5513 |
| June | 45.3020 | 42.9220 | 44.0836 |
| July | 44.3640 | 42.5627 | 43.6038 |
| August | 43.3778 | 40.3269 | 42.1697 |
| September | 41.2762 | 39.8433 | 40.6075 |
| October | 41.0174 | 39.9336 | 40.5430 |
| November | 40.6495 | 39.8071 | 40.2494 |
| December | 40.0511 | 37.0850 | 38.8561 |