YEARLY HIGH
0.1646 TRY
YEARLY LOW
0.1146 TRY
YEARLY AVERAGE
0.1363 TRY

2020 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1646. Conversely, the yearly low was recorded on January 16, dropping to 0.1146.

This high-to-low spread represents a total annual volatility of 0.0500 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1158 to the December average rate of 0.1488, the exchange rate registered a net change of 28.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1646 was up 32.53% compared to the 2019 peak of 0.1242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 823 TRY
2019 Average 567 TRY
Yearly Trough Low 573 TRY
Transaction Impact: A difference of 250.07 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1577
0.1120
JanuMarcMayJulySeptNove

GMD 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 0.1268, compared to 0.1459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.1268
H2 Avg (Jul–Dec) 0.1459

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0188 TRY (High: 0.1646 / Low: 0.1458). On the other end, January was the most stable month, with a tight range of 0.0025 TRY (High: 0.1171 / Low: 0.1146).

November Spread (Volatile) ±0.0188
January 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 November and December, when the average rate fell by 0.0051 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1539) against the same month in 2019 (average: 0.1121), the exchange rate shifted by +0.0417 (+37.22%).

2020 Avg (November) 0.1539
2019 Avg (November) 0.1121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1171 0.1146 0.1158
February 0.1223 0.1169 0.1189
March 0.1298 0.1193 0.1246
April 0.1370 0.1302 0.1343
May 0.1408 0.1309 0.1349
June 0.1328 0.1301 0.1321
July 0.1347 0.1318 0.1328
August 0.1428 0.1336 0.1405
September 0.1510 0.1423 0.1458
October 0.1613 0.1498 0.1536
November 0.1646 0.1458 0.1539
December 0.1525 0.1426 0.1488