2011 TRY to GNF Historical Review

YEARLY HIGH

4849.2402 GNF

YEARLY LOW

3526.0327 GNF

YEARLY AVERAGE

4146.1386 GNF

2011 TRY to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4849.2402. Conversely, the yearly low was recorded on October 4, dropping to 3526.0327.

This high-to-low spread represents a total annual volatility of 1323.2075 GNF. From a start-to-finish perspective, comparing the January average rate of 4608.4474 to the December average rate of 3705.9464, the exchange rate registered a net change of -19.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 4849.2402 was down 2.74% compared to the 2010 peak of 4986.0919, 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 242,462,008 GNF

2010 Average 185,724,679 GNF

Yearly Trough Low 176,301,634 GNF

Transaction Impact: A difference of 66,160,373.88 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

4739.1621

3580.3007

JanuMarcMayJulySeptNove

TRY to GNF 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 4510.8678, compared to 3781.4093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 729.4584 points.

H1 Avg (Jan–Jun) 4510.8678

H2 Avg (Jul–Dec) 3781.4093

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 496.1870 GNF (High: 4645.9506 / Low: 4149.7636). On the other end, April was the most stable month, with a tight range of 107.4145 GNF (High: 4707.4923 / Low: 4600.0778).

May Spread (Volatile) ±496.1870

April Spread (Stable) ±107.4145

Growth Streaks & Declines

Trends

Between September and November, 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 308.1837 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -308.1837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 4635.6205) against the same month in 2010 (average: 3307.0762), the exchange rate shifted by +1328.5443 (+40.17%).

2011 Avg (February) 4635.6205

2010 Avg (February) 3307.0762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4754.5461	4398.8428	4608.4474
February	4849.2402	4519.5425	4635.6205
March	4762.2037	4440.5392	4518.2042
April	4707.4923	4600.0778	4642.5903
May	4645.9506	4149.7636	4484.2639
June	4263.1132	4058.4953	4176.0803
July	4164.6392	3915.7963	4037.6739
August	4038.6050	3695.1495	3826.4502
September	3832.0804	3577.1135	3676.8725
October	3929.2248	3526.0327	3695.9383
November	3895.4110	3601.3820	3745.5748
December	3820.2157	3609.5205	3705.9464