YEARLY HIGH
0.2916 TRY
YEARLY LOW
0.1200 TRY
YEARLY AVERAGE
0.1558 TRY

2021 DOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2916. Conversely, the yearly low was recorded on February 19, dropping to 0.1200.

This high-to-low spread represents a total annual volatility of 0.1716 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1272 to the December average rate of 0.2366, the exchange rate registered a net change of 86.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2916 was up 99.93% compared to the 2020 peak of 0.1459, 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 1,458 TRY
2020 Average 620 TRY
Yearly Trough Low 600 TRY
Transaction Impact: A difference of 858.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2480
0.1112
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 0.1378, compared to 0.1737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.1378
H2 Avg (Jul–Dec) 0.1737

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1049 TRY (High: 0.2916 / Low: 0.1867). On the other end, January was the most stable month, with a tight range of 0.0028 TRY (High: 0.1284 / Low: 0.1256).

December Spread (Volatile) ±0.1049
January Spread (Stable) ±0.0028

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 0.0046 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2366) against the same month in 2020 (average: 0.1324), the exchange rate shifted by +0.1041 (+78.65%).

2021 Avg (December) 0.2366
2020 Avg (December) 0.1324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1284 0.1256 0.1272
February 0.1284 0.1200 0.1226
March 0.1464 0.1257 0.1343
April 0.1485 0.1412 0.1439
May 0.1506 0.1446 0.1474
June 0.1540 0.1470 0.1515
July 0.1530 0.1483 0.1508
August 0.1516 0.1462 0.1486
September 0.1584 0.1458 0.1513
October 0.1725 0.1570 0.1639
November 0.2388 0.1692 0.1912
December 0.2916 0.1867 0.2366