2021 BIF to TRY Historical Review

YEARLY HIGH

0.0083 TRY

YEARLY LOW

0.0036 TRY

YEARLY AVERAGE

0.0045 TRY

2021 BIF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0083. Conversely, the yearly low was recorded on February 19, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0048 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0067, the exchange rate registered a net change of 77.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0083 was up 89.09% compared to the 2020 peak of 0.0044, 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 42 TRY

2020 Average 18 TRY

Yearly Trough Low 18 TRY

Transaction Impact: A difference of 23.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0070

0.0033

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 0.0040, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0030 TRY (High: 0.0083 / Low: 0.0053). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0039 / Low: 0.0037).

December Spread (Volatile) ±0.0030

January Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0067) against the same month in 2020 (average: 0.0040), the exchange rate shifted by +0.0028 (+69.91%).

2021 Avg (December) 0.0067

2020 Avg (December) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0039	0.0037	0.0038
February	0.0038	0.0036	0.0036
March	0.0043	0.0037	0.0039
April	0.0043	0.0041	0.0042
May	0.0043	0.0042	0.0043
June	0.0044	0.0042	0.0044
July	0.0044	0.0043	0.0043
August	0.0044	0.0042	0.0043
September	0.0045	0.0042	0.0043
October	0.0049	0.0044	0.0046
November	0.0068	0.0048	0.0054
December	0.0083	0.0053	0.0067