YEARLY HIGH
8.3341 TRY
YEARLY LOW
3.4809 TRY
YEARLY AVERAGE
4.4403 TRY

2021 BBD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BBD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 8.3341. Conversely, the yearly low was recorded on February 15, dropping to 3.4809.

This high-to-low spread represents a total annual volatility of 4.8532 TRY. From a start-to-finish perspective, comparing the January average rate of 3.7003 to the December average rate of 6.7297, the exchange rate registered a net change of 81.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.3341 was up 95.52% compared to the 2020 peak of 4.2625, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,671 TRY
2020 Average 17,558 TRY
Yearly Trough Low 17,404 TRY
Transaction Impact: A difference of 24,266.11 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.0475
3.2343
JanuMarcMayJulySeptNove

BBD 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 3.9509, compared to 4.9297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9787 points.

H1 Avg (Jan–Jun) 3.9509
H2 Avg (Jul–Dec) 4.9297

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.9865 TRY (High: 8.3341 / Low: 5.3476). On the other end, January was the most stable month, with a tight range of 0.1019 TRY (High: 3.7433 / Low: 3.6414).

December Spread (Volatile) ±2.9865
January Spread (Stable) ±0.1019

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 January and February, when the average rate fell by 0.1482 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.7297) against the same month in 2020 (average: 3.8514), the exchange rate shifted by +2.8784 (+74.74%).

2021 Avg (December) 6.7297
2020 Avg (December) 3.8514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7433 3.6414 3.7003
February 3.7127 3.4809 3.5521
March 4.1647 3.6096 3.8480
April 4.2095 4.0169 4.0915
May 4.2894 4.1185 4.1949
June 4.3907 4.1934 4.3189
July 4.3467 4.2270 4.2976
August 4.3267 4.1595 4.2398
September 4.4620 4.1424 4.2859
October 4.8608 4.4261 4.6206
November 6.7533 4.7728 5.4044
December 8.3341 5.3476 6.7297