2021 EUR to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EUR to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 18.7400. Conversely, the yearly low was recorded on February 17, dropping to 8.4005.
This high-to-low spread represents a total annual volatility of 10.3395 TRY. From a start-to-finish perspective, comparing the January average rate of 9.0040 to the December average rate of 15.2138, the exchange rate registered a net change of 68.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 18.7400 was up 85.12% compared to the 2020 peak of 10.1229, 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 2021.
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 9.5210, compared to 11.4134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8924 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 6.6303 TRY (High: 18.7400 / Low: 12.1097). On the other end, July was the most stable month, with a tight range of 0.2781 TRY (High: 10.3104 / Low: 10.0324).
Growth Streaks & Declines
TrendsBetween 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 0.4122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 15.2138) against the same month in 2020 (average: 9.3757), the exchange rate shifted by +5.8381 (+62.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.1164 | 8.8289 | 9.0040 |
| February | 8.9734 | 8.4005 | 8.5918 |
| March | 9.7648 | 8.6243 | 9.1552 |
| April | 10.1779 | 9.5701 | 9.7889 |
| May | 10.4571 | 9.9626 | 10.1910 |
| June | 10.5681 | 10.1555 | 10.3950 |
| July | 10.3104 | 10.0324 | 10.1658 |
| August | 10.1570 | 9.8248 | 9.9801 |
| September | 10.4108 | 9.8253 | 10.0887 |
| October | 11.3145 | 10.2568 | 10.7174 |
| November | 15.3029 | 11.0725 | 12.3146 |
| December | 18.7400 | 12.1097 | 15.2138 |