YEARLY HIGH
0.1109 TRY
YEARLY LOW
0.0755 TRY
YEARLY AVERAGE
0.0914 TRY

2020 AFN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1109. Conversely, the yearly low was recorded on January 18, dropping to 0.0755.

This high-to-low spread represents a total annual volatility of 0.0353 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0767 to the December average rate of 0.0999, the exchange rate registered a net change of 30.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1109 was up 40.65% compared to the 2019 peak of 0.0788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 554 TRY
2019 Average 365 TRY
Yearly Trough Low 378 TRY
Transaction Impact: A difference of 176.65 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1062
0.0741
JanuMarcMayJulySeptNove

AFN 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 0.0846, compared to 0.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.0846
H2 Avg (Jul–Dec) 0.0981

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0129 TRY (High: 0.1109 / Low: 0.0979). On the other end, June was the most stable month, with a tight range of 0.0016 TRY (High: 0.0889 / Low: 0.0873).

November Spread (Volatile) ±0.0129
June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0035 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1035) against the same month in 2019 (average: 0.0733), the exchange rate shifted by +0.0302 (+41.21%).

2020 Avg (November) 0.1035
2019 Avg (November) 0.0733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0783 0.0755 0.0767
February 0.0823 0.0769 0.0789
March 0.0864 0.0800 0.0833
April 0.0921 0.0870 0.0899
May 0.0944 0.0879 0.0906
June 0.0889 0.0873 0.0882
July 0.0909 0.0886 0.0892
August 0.0961 0.0903 0.0944
September 0.1014 0.0960 0.0983
October 0.1086 0.1010 0.1034
November 0.1109 0.0979 0.1035
December 0.1026 0.0955 0.0999