YEARLY HIGH
2.1364 SZL
YEARLY LOW
0.9573 SZL
YEARLY AVERAGE
1.7083 SZL

2021 TRY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.1364. Conversely, the yearly low was recorded on December 19, dropping to 0.9573.

This high-to-low spread represents a total annual volatility of 1.1791 SZL. From a start-to-finish perspective, comparing the January average rate of 2.0400 to the December average rate of 1.1940, the exchange rate registered a net change of -41.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1364 was down 23.87% compared to the 2020 peak of 2.8065, 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 106,822 SZL
2020 Average 118,067 SZL
Yearly Trough Low 47,866 SZL
Transaction Impact: A difference of 58,956.12 SZL purely based on transaction execution date.

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2.1686
1.1054
JanuMarcMayJulySeptNove

TRY to SZL 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 1.8530, compared to 1.5636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2894 points.

H1 Avg (Jan–Jun) 1.8530
H2 Avg (Jul–Dec) 1.5636

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5017 SZL (High: 1.4591 / Low: 0.9573). On the other end, September was the most stable month, with a tight range of 0.0826 SZL (High: 1.7387 / Low: 1.6561).

December Spread (Volatile) Âą0.5017
September Spread (Stable) Âą0.0826

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 0.2534 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.0800) against the same month in 2020 (average: 2.4706), the exchange rate shifted by -0.3906 (-15.81%).

2021 Avg (February) 2.0800
2020 Avg (February) 2.4706

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Month High Low Average
January 2.0784 1.9636 2.0400
February 2.1364 1.9898 2.0800
March 2.0677 1.7955 1.9507
April 1.8122 1.6918 1.7654
May 1.7462 1.6082 1.6774
June 1.6531 1.5626 1.6044
July 1.7380 1.6318 1.6856
August 1.8057 1.6817 1.7467
September 1.7387 1.6561 1.6967
October 1.7075 1.5045 1.6110
November 1.6074 1.1894 1.4474
December 1.4591 0.9573 1.1940