2021 BAM to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BAM to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BAM to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 9.5791. Conversely, the yearly low was recorded on February 17, dropping to 4.3002.
This high-to-low spread represents a total annual volatility of 5.2789 TRY. From a start-to-finish perspective, comparing the January average rate of 4.6060 to the December average rate of 7.7777, the exchange rate registered a net change of 68.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 9.5791 was up 86.08% compared to the 2020 peak of 5.1478, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BAM to TRY 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 4.8676, compared to 5.8374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 3.3847 TRY (High: 9.5791 / Low: 6.1944). On the other end, January was the most stable month, with a tight range of 0.1492 TRY (High: 4.6703 / Low: 4.5211).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.2148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 7.7777) against the same month in 2020 (average: 4.7930), the exchange rate shifted by +2.9847 (+62.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.6703 | 4.5211 | 4.6060 |
| February | 4.5977 | 4.3002 | 4.3912 |
| March | 4.9967 | 4.3939 | 4.6811 |
| April | 5.2072 | 4.8752 | 4.9966 |
| May | 5.3428 | 5.0711 | 5.2091 |
| June | 5.4303 | 5.2063 | 5.3214 |
| July | 5.2924 | 5.1343 | 5.1999 |
| August | 5.2189 | 5.0233 | 5.1032 |
| September | 5.3301 | 5.0143 | 5.1621 |
| October | 5.7884 | 5.2451 | 5.4839 |
| November | 7.8362 | 5.6492 | 6.2975 |
| December | 9.5791 | 6.1944 | 7.7777 |