YEARLY HIGH
1.2369 TRY
YEARLY LOW
0.8471 TRY
YEARLY AVERAGE
1.0172 TRY

2020 BOB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.2369. Conversely, the yearly low was recorded on January 16, dropping to 0.8471.

This high-to-low spread represents a total annual volatility of 0.3898 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8568 to the December average rate of 1.1173, the exchange rate registered a net change of 30.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2369 was up 38.72% compared to the 2019 peak of 0.8916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 6,185 TRY
2019 Average 4,112 TRY
Yearly Trough Low 4,235 TRY
Transaction Impact: A difference of 1,949.16 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1847
0.8270
JanuMarcMayJulySeptNove

BOB to TRY 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 0.9400, compared to 1.0943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1543 points.

H1 Avg (Jan–Jun) 0.9400
H2 Avg (Jul–Dec) 1.0943

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1427 TRY (High: 1.2369 / Low: 1.0942). On the other end, January was the most stable month, with a tight range of 0.0181 TRY (High: 0.8652 / Low: 0.8471).

November Spread (Volatile) ±0.1427
January Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0376 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.1549) against the same month in 2019 (average: 0.8303), the exchange rate shifted by +0.3246 (+39.09%).

2020 Avg (November) 1.1549
2019 Avg (November) 0.8303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8652 0.8471 0.8568
February 0.9032 0.8644 0.8773
March 0.9587 0.8802 0.9215
April 1.0138 0.9580 0.9937
May 1.0443 0.9741 1.0040
June 0.9935 0.9708 0.9869
July 1.0105 0.9892 0.9949
August 1.0734 1.0021 1.0544
September 1.1332 1.0679 1.0932
October 1.2090 1.1237 1.1514
November 1.2369 1.0942 1.1549
December 1.1456 1.0736 1.1173