YEARLY HIGH
0.0044 TRY
YEARLY LOW
0.0031 TRY
YEARLY AVERAGE
0.0037 TRY

2020 BIF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0044. Conversely, the yearly low was recorded on January 16, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0013 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0040, the exchange rate registered a net change of 26.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0044 was up 30.74% compared to the 2019 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 TRY
2019 Average 15 TRY
Yearly Trough Low 16 TRY
Transaction Impact: A difference of 6.44 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0042
0.0030
JanuMarcMayJulySeptNove

BIF 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 0.0034, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0005 TRY (High: 0.0044 / Low: 0.0039). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0032 / Low: 0.0031).

November Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0041) against the same month in 2019 (average: 0.0031), the exchange rate shifted by +0.0010 (+33.99%).

2020 Avg (November) 0.0041
2019 Avg (November) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0031 0.0031
February 0.0033 0.0032 0.0032
March 0.0035 0.0032 0.0034
April 0.0037 0.0035 0.0036
May 0.0038 0.0035 0.0036
June 0.0036 0.0035 0.0036
July 0.0036 0.0035 0.0036
August 0.0038 0.0036 0.0038
September 0.0040 0.0038 0.0039
October 0.0043 0.0040 0.0041
November 0.0044 0.0039 0.0041
December 0.0041 0.0038 0.0040