YEARLY HIGH
4.2625 TRY
YEARLY LOW
2.9280 TRY
YEARLY AVERAGE
3.5104 TRY

2020 BBD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 4.2625. Conversely, the yearly low was recorded on January 16, dropping to 2.9280.

This high-to-low spread represents a total annual volatility of 1.3345 TRY. From a start-to-finish perspective, comparing the January average rate of 2.9625 to the December average rate of 3.8514, the exchange rate registered a net change of 30.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.2625 was up 38.36% compared to the 2019 peak of 3.0808, 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 21,313 TRY
2019 Average 14,208 TRY
Yearly Trough Low 14,640 TRY
Transaction Impact: A difference of 6,672.25 TRY purely based on transaction execution date.

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4.0851
2.8604
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 3.2444, compared to 3.7765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5321 points.

H1 Avg (Jan–Jun) 3.2444
H2 Avg (Jul–Dec) 3.7765

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.4903 TRY (High: 4.2625 / Low: 3.7722). On the other end, January was the most stable month, with a tight range of 0.0630 TRY (High: 2.9910 / Low: 2.9280).

November Spread (Volatile) Âą0.4903
January Spread (Stable) Âą0.0630

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1317 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 3.9830) against the same month in 2019 (average: 2.8701), the exchange rate shifted by +1.1129 (+38.78%).

2020 Avg (November) 3.9830
2019 Avg (November) 2.8701

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Month High Low Average
January 2.9910 2.9280 2.9625
February 3.1214 2.9894 3.0333
March 3.3077 3.0404 3.1735
April 3.4953 3.3173 3.4255
May 3.5999 3.3673 3.4625
June 3.4284 3.3531 3.4089
July 3.4883 3.4150 3.4356
August 3.6997 3.4657 3.6395
September 3.9100 3.6854 3.7744
October 4.1734 3.8781 3.9750
November 4.2625 3.7722 3.9830
December 3.9454 3.6906 3.8514