YEARLY HIGH
1.1138 GTQ
YEARLY LOW
0.4671 GTQ
YEARLY AVERAGE
0.8974 GTQ

2021 TRY to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.1138. Conversely, the yearly low was recorded on December 19, dropping to 0.4671.

This high-to-low spread represents a total annual volatility of 0.6467 GTQ. From a start-to-finish perspective, comparing the January average rate of 1.0530 to the December average rate of 0.5818, the exchange rate registered a net change of -44.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1138 was down 15.31% compared to the 2020 peak of 1.3151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 55,690 GTQ
2020 Average 55,472 GTQ
Yearly Trough Low 23,357 GTQ
Transaction Impact: A difference of 32,333.30 GTQ purely based on transaction execution date.

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1.1415
0.5309
JanuMarcMayJulySeptNove

TRY to GTQ 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 0.9844, compared to 0.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1741 points.

H1 Avg (Jan–Jun) 0.9844
H2 Avg (Jul–Dec) 0.8104

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2546 GTQ (High: 0.7217 / Low: 0.4671). On the other end, January was the most stable month, with a tight range of 0.0263 GTQ (High: 1.0670 / Low: 1.0407).

December Spread (Volatile) Âą0.2546
January Spread (Stable) Âą0.0263

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1423 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.0906) against the same month in 2020 (average: 1.2601), the exchange rate shifted by -0.1695 (-13.45%).

2021 Avg (February) 1.0906
2020 Avg (February) 1.2601

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Month High Low Average
January 1.0670 1.0407 1.0530
February 1.1138 1.0370 1.0906
March 1.0690 0.9268 1.0045
April 0.9603 0.9136 0.9430
May 0.9365 0.9004 0.9198
June 0.9224 0.8808 0.8956
July 0.9167 0.8886 0.9014
August 0.9294 0.8954 0.9135
September 0.9345 0.8672 0.9033
October 0.8742 0.7956 0.8382
November 0.8106 0.5727 0.7241
December 0.7217 0.4671 0.5818