2020 CVE to TRY Historical Review

YEARLY HIGH

0.0912 TRY

YEARLY LOW

0.0251 TRY

YEARLY AVERAGE

0.0725 TRY

2020 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0912. Conversely, the yearly low was recorded on March 18, dropping to 0.0251.

This high-to-low spread represents a total annual volatility of 0.0660 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0595 to the December average rate of 0.0847, the exchange rate registered a net change of 42.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0912 was up 45.81% compared to the 2019 peak of 0.0625, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 456 TRY

2019 Average 288 TRY

Yearly Trough Low 126 TRY

Transaction Impact: A difference of 330.06 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0877

0.0569

JanuMarcMayJulySeptNove

CVE 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 0.0644, compared to 0.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.0644

H2 Avg (Jul–Dec) 0.0806

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0406 TRY (High: 0.0657 / Low: 0.0251). On the other end, January was the most stable month, with a tight range of 0.0014 TRY (High: 0.0603 / Low: 0.0589).

March Spread (Volatile) ±0.0406

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0852) against the same month in 2019 (average: 0.0573), the exchange rate shifted by +0.0278 (+48.59%).

2020 Avg (November) 0.0852

2019 Avg (November) 0.0573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0603	0.0589	0.0595
February	0.0619	0.0591	0.0598
March	0.0657	0.0251	0.0620
April	0.0691	0.0651	0.0673
May	0.0704	0.0668	0.0683
June	0.0702	0.0676	0.0693
July	0.0743	0.0686	0.0710
August	0.0799	0.0735	0.0780
September	0.0824	0.0795	0.0804
October	0.0882	0.0821	0.0845
November	0.0912	0.0807	0.0852
December	0.0864	0.0818	0.0847