2014 TRY to CVE Historical Review

YEARLY HIGH

39.9088 CVE

YEARLY LOW

34.4079 CVE

YEARLY AVERAGE

37.8339 CVE

2014 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 39.9088. Conversely, the yearly low was recorded on January 26, dropping to 34.4079.

This high-to-low spread represents a total annual volatility of 5.5009 CVE. From a start-to-finish perspective, comparing the January average rate of 36.3965 to the December average rate of 38.8977, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 39.9088 was down 16.38% compared to the 2013 peak of 47.7242, 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 1,995,440 CVE

2013 Average 2,183,701 CVE

Yearly Trough Low 1,720,393 CVE

Transaction Impact: A difference of 275,046.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.7730

35.4981

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 37.0644, compared to 38.6035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5391 points.

H1 Avg (Jan–Jun) 37.0644

H2 Avg (Jul–Dec) 38.6035

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.8742 CVE (High: 37.2821 / Low: 34.4079). On the other end, August was the most stable month, with a tight range of 0.7618 CVE (High: 38.6117 / Low: 37.8499).

January Spread (Volatile) ±2.8742

August Spread (Stable) ±0.7618

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 February and March, when the average rate fell by 0.5270 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 39.4167) against the same month in 2013 (average: 40.2494), the exchange rate shifted by -0.8327 (-2.07%).

2014 Avg (November) 39.4167

2013 Avg (November) 40.2494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.2821	34.4079	36.3965
February	36.7916	35.6614	36.3814
March	37.0962	35.2076	35.8544
April	37.9660	37.0051	37.4107
May	38.6603	37.5762	38.2168
June	38.9047	37.6779	38.1266
July	39.0208	37.6970	38.2309
August	38.6117	37.8499	38.1527
September	39.4444	38.0286	38.5144
October	39.4700	37.8635	38.4085
November	39.9088	39.0248	39.4167
December	39.8607	37.3859	38.8977