2020 ETB to TRY Historical Review

YEARLY HIGH

0.2280 TRY

YEARLY LOW

0.1824 TRY

YEARLY AVERAGE

0.2006 TRY

2020 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2280. Conversely, the yearly low was recorded on January 10, dropping to 0.1824.

This high-to-low spread represents a total annual volatility of 0.0456 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1848 to the December average rate of 0.1991, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2280 was up 6.77% compared to the 2019 peak of 0.2135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,140 TRY

2019 Average 973 TRY

Yearly Trough Low 912 TRY

Transaction Impact: A difference of 227.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2165

0.1819

JanuMarcMayJulySeptNove

ETB 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 0.1965, compared to 0.2047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.1965

H2 Avg (Jul–Dec) 0.2047

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0298 TRY (High: 0.2280 / Low: 0.1982). On the other end, January was the most stable month, with a tight range of 0.0041 TRY (High: 0.1865 / Low: 0.1824).

November Spread (Volatile) ±0.0298

January Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0113 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.2104) against the same month in 2019 (average: 0.1919), the exchange rate shifted by +0.0185 (+9.64%).

2020 Avg (November) 0.2104

2019 Avg (November) 0.1919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1865	0.1824	0.1848
February	0.1930	0.1863	0.1890
March	0.2010	0.1880	0.1946
April	0.2131	0.2001	0.2073
May	0.2164	0.1979	0.2052
June	0.2015	0.1955	0.1982
July	0.1985	0.1935	0.1953
August	0.2066	0.1965	0.2036
September	0.2124	0.2010	0.2060
October	0.2226	0.2095	0.2136
November	0.2280	0.1982	0.2104
December	0.2054	0.1876	0.1991