2014 TRY to IRR Historical Review

YEARLY HIGH

12409.5502 IRR

YEARLY LOW

10619.8894 IRR

YEARLY AVERAGE

11814.9079 IRR

2014 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 12409.5502. Conversely, the yearly low was recorded on January 26, dropping to 10619.8894.

This high-to-low spread represents a total annual volatility of 1789.6608 IRR. From a start-to-finish perspective, comparing the January average rate of 11158.8656 to the December average rate of 11723.1283, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12409.5502 was down 3.98% compared to the 2013 peak of 12923.6053, 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 620,477,509 IRR

2013 Average 452,901,114 IRR

Yearly Trough Low 530,994,470 IRR

Transaction Impact: A difference of 89,483,039.89 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12312.8487

11053.9580

JanuMarcMayJulySeptNove

TRY to IRR 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 11645.9633, compared to 11983.8526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 337.8892 points.

H1 Avg (Jan–Jun) 11645.9633

H2 Avg (Jul–Dec) 11983.8526

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 924.8103 IRR (High: 11544.6997 / Low: 10619.8894). On the other end, August was the most stable month, with a tight range of 212.1769 IRR (High: 12310.0528 / Low: 12097.8759).

January Spread (Volatile) ±924.8103

August Spread (Stable) ±212.1769

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 238.7793 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -238.7793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 12187.1822) against the same month in 2013 (average: 6339.6361), the exchange rate shifted by +5847.5461 (+92.24%).

2014 Avg (July) 12187.1822

2013 Avg (July) 6339.6361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11544.6997	10619.8894	11158.8656
February	11407.6379	10898.7003	11246.3593
March	11766.0172	11125.3329	11291.2139
April	12054.3751	11789.2664	11909.2977
May	12312.8128	12086.6102	12196.0287
June	12299.8898	11916.2410	12074.0148
July	12409.5502	12036.2688	12187.1822
August	12310.0528	12097.8759	12207.9412
September	12310.2314	11693.3930	12013.6289
October	12126.0323	11612.7017	11809.3272
November	12118.0719	11798.9743	11961.9076
December	12094.0378	11409.5106	11723.1283