YEARLY HIGH
0.2202 TRY
YEARLY LOW
0.0958 TRY
YEARLY AVERAGE
0.1201 TRY

2021 BTN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2202. Conversely, the yearly low was recorded on February 17, dropping to 0.0958.

This high-to-low spread represents a total annual volatility of 0.1245 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1012 to the December average rate of 0.1787, the exchange rate registered a net change of 76.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2202 was up 91.43% compared to the 2020 peak of 0.1150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,101 TRY
2020 Average 474 TRY
Yearly Trough Low 479 TRY
Transaction Impact: A difference of 622.34 TRY purely based on transaction execution date.

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0.1868
0.0897
JanuMarcMayJulySeptNove

BTN 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 0.1078, compared to 0.1323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.1078
H2 Avg (Jul–Dec) 0.1323

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0776 TRY (High: 0.2202 / Low: 0.1426). On the other end, January was the most stable month, with a tight range of 0.0023 TRY (High: 0.1023 / Low: 0.1000).

December Spread (Volatile) Âą0.0776
January Spread (Stable) Âą0.0023

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 0.0035 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1787) against the same month in 2020 (average: 0.1046), the exchange rate shifted by +0.0741 (+70.79%).

2021 Avg (December) 0.1787
2020 Avg (December) 0.1046

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Month High Low Average
January 0.1023 0.1000 0.1012
February 0.1027 0.0958 0.0978
March 0.1138 0.0990 0.1059
April 0.1128 0.1072 0.1101
May 0.1184 0.1113 0.1146
June 0.1194 0.1147 0.1174
July 0.1169 0.1138 0.1154
August 0.1166 0.1124 0.1143
September 0.1205 0.1134 0.1166
October 0.1302 0.1185 0.1234
November 0.1798 0.1274 0.1452
December 0.2202 0.1426 0.1787