2021 DJF to TRY Historical Review

YEARLY HIGH

0.0931 TRY

YEARLY LOW

0.0391 TRY

YEARLY AVERAGE

0.0499 TRY

2021 DJF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0931. Conversely, the yearly low was recorded on February 20, dropping to 0.0391.

This high-to-low spread represents a total annual volatility of 0.0541 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0756, the exchange rate registered a net change of 81.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0931 was up 94.46% compared to the 2020 peak of 0.0479, 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 466 TRY

2020 Average 197 TRY

Yearly Trough Low 195 TRY

Transaction Impact: A difference of 270.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0792

0.0363

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 0.0444, compared to 0.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0554

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0330 TRY (High: 0.0931 / Low: 0.0601). On the other end, January was the most stable month, with a tight range of 0.0011 TRY (High: 0.0420 / Low: 0.0409).

December Spread (Volatile) ±0.0330

January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between 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 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0756) against the same month in 2020 (average: 0.0433), the exchange rate shifted by +0.0323 (+74.70%).

2021 Avg (December) 0.0756

2020 Avg (December) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0420	0.0409	0.0415
February	0.0417	0.0391	0.0399
March	0.0468	0.0406	0.0432
April	0.0474	0.0451	0.0460
May	0.0482	0.0463	0.0471
June	0.0493	0.0471	0.0485
July	0.0490	0.0475	0.0483
August	0.0486	0.0468	0.0476
September	0.0501	0.0465	0.0482
October	0.0546	0.0497	0.0519
November	0.0759	0.0536	0.0607
December	0.0931	0.0601	0.0756