2014 TRY to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TRY to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 473.3417. Conversely, the yearly low was recorded on January 25, dropping to 423.0137.
This high-to-low spread represents a total annual volatility of 50.3281 MMK. From a start-to-finish perspective, comparing the January average rate of 444.2534 to the December average rate of 449.1813, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 473.3417 was down 8.17% compared to the 2013 peak of 515.4609, 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 MMK 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 450.0186, compared to 450.4009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 36.9411 MMK (High: 459.9547 / Low: 423.0137). On the other end, May was the most stable month, with a tight range of 8.8006 MMK (High: 465.0881 / Low: 456.2876).
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 10.8628 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 460.0441) against the same month in 2013 (average: 481.6469), the exchange rate shifted by -21.6028 (-4.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 459.9547 | 423.0137 | 444.2534 |
| February | 452.4637 | 431.6768 | 445.4969 |
| March | 448.7169 | 429.9069 | 437.8182 |
| April | 457.4774 | 448.0629 | 452.6422 |
| May | 465.0881 | 456.2876 | 460.8875 |
| June | 466.2761 | 453.1041 | 459.0135 |
| July | 464.8885 | 454.9153 | 459.1761 |
| August | 456.3323 | 445.8711 | 450.2129 |
| September | 452.7677 | 435.6435 | 443.2328 |
| October | 456.6062 | 431.9921 | 440.5582 |
| November | 473.3417 | 448.3659 | 460.0441 |
| December | 465.5708 | 437.0515 | 449.1813 |