2014 TRY to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TRY to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TRY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 19.6208. Conversely, the yearly low was recorded on January 26, dropping to 16.3413.
This high-to-low spread represents a total annual volatility of 3.2795 GMD. From a start-to-finish perspective, comparing the January average rate of 17.1712 to the December average rate of 18.7914, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 19.6208 was down 0.12% compared to the 2013 peak of 19.6441, 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 2014.
TRY to GMD 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 17.9468, compared to 18.5518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6050 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 2.3409 GMD (High: 19.6208 / Low: 17.2799). On the other end, August was the most stable month, with a tight range of 0.3626 GMD (High: 18.5913 / Low: 18.2287).
Growth Streaks & Declines
TrendsBetween 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 0.5196 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 18.1818) against the same month in 2013 (average: 16.4691), the exchange rate shifted by +1.7127 (+10.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.6984 | 16.3413 | 17.1712 |
| February | 17.5340 | 16.7267 | 17.2718 |
| March | 17.8188 | 17.0162 | 17.2299 |
| April | 18.7332 | 17.7361 | 18.2953 |
| May | 19.1675 | 18.7869 | 18.9703 |
| June | 19.0710 | 18.4517 | 18.7423 |
| July | 18.9378 | 18.4936 | 18.7017 |
| August | 18.5913 | 18.2287 | 18.4031 |
| September | 18.4633 | 17.3849 | 17.9217 |
| October | 19.6208 | 17.2799 | 18.1818 |
| November | 19.5055 | 19.0770 | 19.3110 |
| December | 19.4596 | 18.3077 | 18.7914 |