2021 AFN to TRY Historical Review

YEARLY HIGH

0.1623 TRY

YEARLY LOW

0.0901 TRY

YEARLY AVERAGE

0.1058 TRY

2021 AFN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1623. Conversely, the yearly low was recorded on February 15, dropping to 0.0901.

This high-to-low spread represents a total annual volatility of 0.0723 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0957 to the December average rate of 0.1323, the exchange rate registered a net change of 38.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1623 was up 46.42% compared to the 2020 peak of 0.1109, 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 812 TRY

2020 Average 457 TRY

Yearly Trough Low 450 TRY

Transaction Impact: A difference of 361.27 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1364

0.0878

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 0.1016, compared to 0.1100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.1016

H2 Avg (Jul–Dec) 0.1100

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0590 TRY (High: 0.1623 / Low: 0.1033). On the other end, January was the most stable month, with a tight range of 0.0026 TRY (High: 0.0969 / Low: 0.0943).

December Spread (Volatile) ±0.0590

January Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between February and June, 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 July and August, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1323) against the same month in 2020 (average: 0.0999), the exchange rate shifted by +0.0324 (+32.42%).

2021 Avg (December) 0.1323

2020 Avg (December) 0.0999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0969	0.0943	0.0957
February	0.0958	0.0901	0.0919
March	0.1078	0.0934	0.0994
April	0.1082	0.1035	0.1053
May	0.1099	0.1057	0.1078
June	0.1117	0.1068	0.1098
July	0.1097	0.1058	0.1075
August	0.1085	0.0968	0.1021
September	0.1015	0.0934	0.0989
October	0.1081	0.0979	0.1026
November	0.1404	0.1050	0.1164
December	0.1623	0.1033	0.1323