YEARLY HIGH
0.3153 TRY
YEARLY LOW
0.1353 TRY
YEARLY AVERAGE
0.1722 TRY

2021 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3153. Conversely, the yearly low was recorded on February 15, dropping to 0.1353.

This high-to-low spread represents a total annual volatility of 0.1799 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1432 to the December average rate of 0.2562, the exchange rate registered a net change of 78.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3153 was up 91.52% compared to the 2020 peak of 0.1646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,576 TRY
2020 Average 682 TRY
Yearly Trough Low 677 TRY
Transaction Impact: A difference of 899.65 TRY purely based on transaction execution date.

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0.2680
0.1264
JanuMarcMayJulySeptNove

GMD 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 0.1540, compared to 0.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 0.1540
H2 Avg (Jul–Dec) 0.1903

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1116 TRY (High: 0.3153 / Low: 0.2037). On the other end, January was the most stable month, with a tight range of 0.0034 TRY (High: 0.1447 / Low: 0.1413).

December Spread (Volatile) Âą0.1116
January Spread (Stable) Âą0.0034

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 0.0051 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2562) against the same month in 2020 (average: 0.1488), the exchange rate shifted by +0.1074 (+72.15%).

2021 Avg (December) 0.2562
2020 Avg (December) 0.1488

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Month High Low Average
January 0.1447 0.1413 0.1432
February 0.1449 0.1353 0.1382
March 0.1625 0.1409 0.1500
April 0.1647 0.1574 0.1600
May 0.1676 0.1609 0.1639
June 0.1717 0.1639 0.1689
July 0.1700 0.1653 0.1681
August 0.1692 0.1625 0.1658
September 0.1733 0.1619 0.1667
October 0.1868 0.1718 0.1783
November 0.2578 0.1836 0.2069
December 0.3153 0.2037 0.2562