YEARLY HIGH
0.0479 TRY
YEARLY LOW
0.0329 TRY
YEARLY AVERAGE
0.0394 TRY

2020 DJF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0479. Conversely, the yearly low was recorded on January 16, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0150 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0433, the exchange rate registered a net change of 30.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0479 was up 32.70% compared to the 2019 peak of 0.0361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239 TRY
2019 Average 160 TRY
Yearly Trough Low 164 TRY
Transaction Impact: A difference of 74.90 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0459
0.0321
JanuMarcMayJulySeptNove

DJF 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 0.0364, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0364
H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0055 TRY (High: 0.0479 / Low: 0.0424). On the other end, January was the most stable month, with a tight range of 0.0007 TRY (High: 0.0336 / Low: 0.0329).

November Spread (Volatile) ±0.0055
January Spread (Stable) ±0.0007

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 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0447) against the same month in 2019 (average: 0.0322), the exchange rate shifted by +0.0125 (+38.77%).

2020 Avg (November) 0.0447
2019 Avg (November) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0336 0.0329 0.0333
February 0.0351 0.0336 0.0341
March 0.0372 0.0342 0.0357
April 0.0393 0.0373 0.0385
May 0.0404 0.0378 0.0389
June 0.0385 0.0377 0.0383
July 0.0392 0.0384 0.0386
August 0.0416 0.0389 0.0409
September 0.0439 0.0414 0.0424
October 0.0469 0.0436 0.0447
November 0.0479 0.0424 0.0447
December 0.0443 0.0415 0.0433