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2020 TRY to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 3964.9525. Conversely, the yearly low was recorded on November 7, dropping to 2719.3574.
This high-to-low spread represents a total annual volatility of 1245.5951 VND. From a start-to-finish perspective, comparing the January average rate of 3910.9605 to the December average rate of 3001.9158, the exchange rate registered a net change of -23.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 3964.9525 was down 11.75% compared to the 2019 peak of 4492.9478, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to VND 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 3601.8750, compared to 3076.4517 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 525.4233 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 345.2927 VND (High: 3064.6501 / Low: 2719.3574). On the other end, June was the most stable month, with a tight range of 91.8577 VND (High: 3462.5999 / Low: 3370.7422).
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 March and April, when the average rate fell by 252.6120 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 3910.9605) against the same month in 2019 (average: 4330.5368), the exchange rate shifted by -419.5762 (-9.69%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 3964.9525 | 3862.2126 | 3910.9605 |
| February | 3889.8097 | 3711.3321 | 3828.6781 |
| March | 3824.5454 | 3545.1203 | 3676.6644 |
| April | 3580.2510 | 3330.1068 | 3424.0524 |
| May | 3457.4360 | 3254.3097 | 3363.6733 |
| June | 3462.5999 | 3370.7422 | 3407.2214 |
| July | 3398.5425 | 3287.3737 | 3368.7565 |
| August | 3341.5754 | 3129.3225 | 3184.7146 |
| September | 3161.2281 | 2954.5819 | 3073.7949 |
| October | 2989.5848 | 2776.1456 | 2916.8544 |
| November | 3064.6501 | 2719.3574 | 2912.6739 |
| December | 3127.0690 | 2918.3108 | 3001.9158 |