YEARLY HIGH
0.1459 TRY
YEARLY LOW
0.1091 TRY
YEARLY AVERAGE
0.1240 TRY

2020 DOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1459. Conversely, the yearly low was recorded on March 16, dropping to 0.1091.

This high-to-low spread represents a total annual volatility of 0.0368 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1114 to the December average rate of 0.1324, the exchange rate registered a net change of 18.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1459 was up 19.77% compared to the 2019 peak of 0.1218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 729 TRY
2019 Average 553 TRY
Yearly Trough Low 545 TRY
Transaction Impact: A difference of 183.89 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1392
0.1089
JanuMarcMayJulySeptNove

DOP 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 0.1187, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1187
H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0151 TRY (High: 0.1459 / Low: 0.1307). On the other end, July was the most stable month, with a tight range of 0.0025 TRY (High: 0.1193 / Low: 0.1169).

November Spread (Volatile) ±0.0151
July Spread (Stable) ±0.0025

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 May and June, when the average rate fell by 0.0078 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1367) against the same month in 2019 (average: 0.1087), the exchange rate shifted by +0.0280 (+25.79%).

2020 Avg (November) 0.1367
2019 Avg (November) 0.1087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1127 0.1102 0.1114
February 0.1164 0.1119 0.1136
March 0.1224 0.1091 0.1177
April 0.1289 0.1225 0.1264
May 0.1317 0.1206 0.1253
June 0.1211 0.1170 0.1176
July 0.1193 0.1169 0.1176
August 0.1267 0.1183 0.1245
September 0.1340 0.1262 0.1292
October 0.1428 0.1328 0.1361
November 0.1459 0.1307 0.1367
December 0.1356 0.1270 0.1324