2012 TRY to VEF Historical Review

YEARLY HIGH

2.4673 VEF

YEARLY LOW

2.2740 VEF

YEARLY AVERAGE

2.3853 VEF

2012 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 2.4673. Conversely, the yearly low was recorded on January 1, dropping to 2.2740.

This high-to-low spread represents a total annual volatility of 0.1933 VEF. From a start-to-finish perspective, comparing the January average rate of 2.3332 to the December average rate of 2.4017, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.4673 was down 13.59% compared to the 2011 peak of 2.8554, 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 123,364 VEF

2011 Average 128,519 VEF

Yearly Trough Low 113,698 VEF

Transaction Impact: A difference of 9,665.49 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.4509

2.3225

JanuMarcMayJulySeptNove

TRY to VEF 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 2.3843, compared to 2.3863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 2.3843

H2 Avg (Jul–Dec) 2.3863

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1484 VEF (High: 2.4224 / Low: 2.2740). On the other end, December was the most stable month, with a tight range of 0.0270 VEF (High: 2.4141 / Low: 2.3871).

January Spread (Volatile) ±0.1484

December Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0403 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 2.4402) against the same month in 2011 (average: 2.7027), the exchange rate shifted by -0.2625 (-9.71%).

2012 Avg (February) 2.4402

2011 Avg (February) 2.7027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4224	2.2740	2.3332
February	2.4673	2.4210	2.4402
March	2.4400	2.3591	2.3999
April	2.4423	2.3764	2.4029
May	2.4454	2.3145	2.3755
June	2.3922	2.2971	2.3540
July	2.3945	2.3467	2.3685
August	2.4168	2.3488	2.3902
September	2.3992	2.3577	2.3827
October	2.3956	2.3625	2.3814
November	2.4154	2.3779	2.3932
December	2.4141	2.3871	2.4017