2020 EUR to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 10.1229. Conversely, the yearly low was recorded on January 16, dropping to 6.5219.
This high-to-low spread represents a total annual volatility of 3.6010 TRY. From a start-to-finish perspective, comparing the January average rate of 6.5789 to the December average rate of 9.3757, the exchange rate registered a net change of 42.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.1229 was up 46.47% compared to the 2019 peak of 6.9113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR to TRY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.1524, compared to 8.9249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7725 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.1705 TRY (High: 10.1229 / Low: 8.9524). On the other end, January was the most stable month, with a tight range of 0.1613 TRY (High: 6.6833 / Low: 6.5219).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0604 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 9.4361) against the same month in 2019 (average: 6.3441), the exchange rate shifted by +3.0920 (+48.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6833 | 6.5219 | 6.5789 |
| February | 6.8843 | 6.5478 | 6.6228 |
| March | 7.2946 | 6.7728 | 7.0265 |
| April | 7.6514 | 7.1959 | 7.4452 |
| May | 7.7795 | 7.3937 | 7.5684 |
| June | 7.7486 | 7.5011 | 7.6728 |
| July | 8.2826 | 7.7010 | 7.8746 |
| August | 8.8090 | 8.1886 | 8.6115 |
| September | 9.1835 | 8.7365 | 8.8967 |
| October | 9.7470 | 9.0956 | 9.3550 |
| November | 10.1229 | 8.9524 | 9.4361 |
| December | 9.5821 | 9.0578 | 9.3757 |