YEARLY HIGH
1.2894 TRY
YEARLY LOW
0.8456 TRY
YEARLY AVERAGE
1.0198 TRY

2020 CNY to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.2894. Conversely, the yearly low was recorded on January 9, dropping to 0.8456.

This high-to-low spread represents a total annual volatility of 0.4439 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8557 to the December average rate of 1.1777, the exchange rate registered a net change of 37.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2894 was up 41.90% compared to the 2019 peak of 0.9087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 32,236 TRY
2019 Average 20,567 TRY
Yearly Trough Low 21,140 TRY
Transaction Impact: A difference of 11,096.36 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2414
0.8206
JanuMarcMayJulySeptNove

CNY 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 0.9221, compared to 1.1175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1954 points.

H1 Avg (Jan–Jun) 0.9221
H2 Avg (Jul–Dec) 1.1175

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1435 TRY (High: 1.2894 / Low: 1.1460). On the other end, January was the most stable month, with a tight range of 0.0168 TRY (High: 0.8624 / Low: 0.8456).

November Spread (Volatile) ±0.1435
January Spread (Stable) ±0.0168

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 0.0286 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.2063) against the same month in 2019 (average: 0.8175), the exchange rate shifted by +0.3888 (+47.56%).

2020 Avg (November) 1.2063
2019 Avg (November) 0.8175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8624 0.8456 0.8557
February 0.8928 0.8523 0.8671
March 0.9341 0.8729 0.9031
April 0.9899 0.9365 0.9689
May 1.0134 0.9439 0.9749
June 0.9704 0.9444 0.9627
July 0.9996 0.9683 0.9801
August 1.0743 0.9939 1.0504
September 1.1472 1.0785 1.1079
October 1.2474 1.1422 1.1825
November 1.2894 1.1460 1.2063
December 1.2055 1.1315 1.1777