2021 BYN to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BYN to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BYN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 16.6682. Conversely, the yearly low was recorded on February 15, dropping to 6.9618.
This high-to-low spread represents a total annual volatility of 9.7064 TRY. From a start-to-finish perspective, comparing the January average rate of 7.4005 to the December average rate of 13.4595, the exchange rate registered a net change of 81.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 16.6682 was up 95.52% compared to the 2020 peak of 8.5250, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BYN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BYN to TRY 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: Jan–Jun) was 7.9019, compared to 9.8593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9575 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 5.9730 TRY (High: 16.6682 / Low: 10.6952). On the other end, January was the most stable month, with a tight range of 0.2038 TRY (High: 7.4866 / Low: 7.2828).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2964 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 13.4595) against the same month in 2020 (average: 7.7027), the exchange rate shifted by +5.7568 (+74.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.4866 | 7.2828 | 7.4005 |
| February | 7.4253 | 6.9618 | 7.1042 |
| March | 8.3295 | 7.2191 | 7.6961 |
| April | 8.4189 | 8.0338 | 8.1830 |
| May | 8.5788 | 8.2371 | 8.3898 |
| June | 8.7815 | 8.3868 | 8.6377 |
| July | 8.6934 | 8.4540 | 8.5951 |
| August | 8.6535 | 8.3189 | 8.4797 |
| September | 8.9241 | 8.2848 | 8.5717 |
| October | 9.7216 | 8.8521 | 9.2412 |
| November | 13.5065 | 9.5456 | 10.8088 |
| December | 16.6682 | 10.6952 | 13.4595 |