2020 TRY āĻĨā§āĻā§ MUR-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2020 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2020 TRY to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 6.2285. Conversely, the yearly low was recorded on November 7, dropping to 4.6864.
This high-to-low spread represents a total annual volatility of 1.5421 MUR. From a start-to-finish perspective, comparing the January average rate of 6.1752 to the December average rate of 5.1434, the exchange rate registered a net change of -16.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 6.2285 was down 5.98% compared to the 2019 peak of 6.6249, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2020 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
TRY to MUR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 5.9647, compared to 5.2880 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.6768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 0.5824 MUR (High: 5.2688 / Low: 4.6864). On the other end, January was the most stable month, with a tight range of 0.1299 MUR (High: 6.2285 / Low: 6.0986).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3573 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 6.1752) against the same month in 2019 (average: 6.3982), the exchange rate shifted by -0.2230 (-3.49%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.2285 | 6.0986 | 6.1752 |
| February | 6.2007 | 6.0233 | 6.1354 |
| March | 6.1554 | 5.9334 | 6.0552 |
| April | 5.9384 | 5.6932 | 5.7918 |
| May | 5.9399 | 5.5360 | 5.7674 |
| June | 5.9450 | 5.8105 | 5.8633 |
| July | 5.9078 | 5.6723 | 5.8157 |
| August | 5.7289 | 5.3667 | 5.4584 |
| September | 5.3794 | 5.1023 | 5.2726 |
| October | 5.1374 | 4.7875 | 5.0197 |
| November | 5.2688 | 4.6864 | 5.0180 |
| December | 5.3511 | 5.0382 | 5.1434 |