2014 TRY to HTG Historical Review

YEARLY HIGH

21.7659 HTG

YEARLY LOW

17.5987 HTG

YEARLY AVERAGE

20.3722 HTG

2014 TRY to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 21.7659. Conversely, the yearly low was recorded on February 25, dropping to 17.5987.

This high-to-low spread represents a total annual volatility of 4.1672 HTG. From a start-to-finish perspective, comparing the January average rate of 19.3585 to the December average rate of 20.2743, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 21.7659 was down 10.43% compared to the 2013 peak of 24.2999, 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 1,088,295 HTG

2013 Average 1,119,569 HTG

Yearly Trough Low 879,933 HTG

Transaction Impact: A difference of 208,362.10 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

21.8448

17.9348

JanuMarcMayJulySeptNove

TRY to HTG 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 20.2398, compared to 20.5046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2648 points.

H1 Avg (Jan–Jun) 20.2398

H2 Avg (Jul–Dec) 20.5046

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 2.2584 HTG (High: 19.8571 / Low: 17.5987). On the other end, July was the most stable month, with a tight range of 0.4525 HTG (High: 21.4395 / Low: 20.9870).

February Spread (Volatile) ±2.2584

July Spread (Stable) ±0.4525

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0979 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 21.5190) against the same month in 2013 (average: 23.3092), the exchange rate shifted by -1.7903 (-7.68%).

2014 Avg (May) 21.5190

2013 Avg (May) 23.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3864	18.1776	19.3585
February	19.8571	17.5987	18.2606
March	20.6556	19.4695	19.9885
April	21.2426	20.7503	21.0105
May	21.7659	21.2301	21.5190
June	21.7292	21.0103	21.3015
July	21.4395	20.9870	21.1794
August	21.2066	20.5157	20.8050
September	20.8433	19.5871	20.2457
October	20.4924	19.4990	19.8830
November	21.0355	20.0906	20.6404
December	20.9943	19.7681	20.2743