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2021 TRY to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 78.0856. Conversely, the yearly low was recorded on December 19, dropping to 35.0031.
This high-to-low spread represents a total annual volatility of 43.0826 XAF. From a start-to-finish perspective, comparing the January average rate of 72.8561 to the December average rate of 43.6673, the exchange rate registered a net change of -40.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 78.0856 was down 22.36% compared to the 2020 peak of 100.5774, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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TRY to XAF 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 69.2490, compared to 59.0034 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 10.2456 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 19.1651 XAF (High: 54.1681 / Low: 35.0031). On the other end, July was the most stable month, with a tight range of 1.7634 XAF (High: 65.3841 / Low: 63.6207).
Growth Streaks & Declines
TrendsBetween 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 10.1076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 76.3753) against the same month in 2020 (average: 99.0642), the exchange rate shifted by -22.6889 (-22.90%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 74.2967 | 71.9532 | 72.8561 |
| February | 78.0856 | 73.1005 | 76.3753 |
| March | 76.0592 | 67.1757 | 71.7391 |
| April | 68.5425 | 64.4490 | 67.0315 |
| May | 65.8418 | 62.7284 | 64.3812 |
| June | 64.5911 | 62.0692 | 63.1107 |
| July | 65.3841 | 63.6207 | 64.5316 |
| August | 66.7651 | 64.5816 | 65.7334 |
| September | 66.7621 | 63.0075 | 65.0413 |
| October | 63.9535 | 57.9747 | 61.2715 |
| November | 59.2421 | 42.8649 | 53.7750 |
| December | 54.1681 | 35.0031 | 43.6673 |