2014 VEF to TRY Historical Review

YEARLY HIGH

0.3731 TRY

YEARLY LOW

0.3290 TRY

YEARLY AVERAGE

0.3475 TRY

2014 VEF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3731. Conversely, the yearly low was recorded on May 13, dropping to 0.3290.

This high-to-low spread represents a total annual volatility of 0.0441 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3527 to the December average rate of 0.3635, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3731 was down 12.13% compared to the 2013 peak of 0.4246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 1,866 TRY

2013 Average 1,664 TRY

Yearly Trough Low 1,645 TRY

Transaction Impact: A difference of 220.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3666

0.3292

JanuMarcMayJulySeptNove

VEF to TRY 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 0.3437, compared to 0.3513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.3437

H2 Avg (Jul–Dec) 0.3513

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0300 TRY (High: 0.3711 / Low: 0.3410). On the other end, May was the most stable month, with a tight range of 0.0062 TRY (High: 0.3352 / Low: 0.3290).

January Spread (Volatile) ±0.0300

May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0140 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3635) against the same month in 2013 (average: 0.3286), the exchange rate shifted by +0.0349 (+10.63%).

2014 Avg (December) 0.3635

2013 Avg (December) 0.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3711	0.3410	0.3527
February	0.3620	0.3462	0.3511
March	0.3558	0.3412	0.3518
April	0.3414	0.3338	0.3378
May	0.3352	0.3290	0.3323
June	0.3410	0.3303	0.3365
July	0.3397	0.3326	0.3367
August	0.3465	0.3386	0.3431
September	0.3618	0.3419	0.3514
October	0.3638	0.3489	0.3583
November	0.3593	0.3512	0.3548
December	0.3731	0.3518	0.3635