YEARLY HIGH
1.0955 TRY
YEARLY LOW
0.7604 TRY
YEARLY AVERAGE
0.9087 TRY

2020 GTQ to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.0955. Conversely, the yearly low was recorded on January 13, dropping to 0.7604.

This high-to-low spread represents a total annual volatility of 0.3351 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7697 to the December average rate of 0.9869, the exchange rate registered a net change of 28.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0955 was up 36.20% compared to the 2019 peak of 0.8043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,478 TRY
2019 Average 3,691 TRY
Yearly Trough Low 3,802 TRY
Transaction Impact: A difference of 1,675.71 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0478
0.7444
JanuMarcMayJulySeptNove

GTQ 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 0.8439, compared to 0.9736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1298 points.

H1 Avg (Jan–Jun) 0.8439
H2 Avg (Jul–Dec) 0.9736

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1264 TRY (High: 1.0955 / Low: 0.9691). On the other end, July was the most stable month, with a tight range of 0.0188 TRY (High: 0.9062 / Low: 0.8873).

November Spread (Volatile) ±0.1264
July Spread (Stable) ±0.0188

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 0.0357 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.0225) against the same month in 2019 (average: 0.7452), the exchange rate shifted by +0.2773 (+37.21%).

2020 Avg (November) 1.0225
2019 Avg (November) 0.7452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7805 0.7604 0.7697
February 0.8187 0.7801 0.7937
March 0.8619 0.7914 0.8254
April 0.9062 0.8567 0.8887
May 0.9342 0.8760 0.8996
June 0.8913 0.8723 0.8860
July 0.9062 0.8873 0.8926
August 0.9612 0.8988 0.9449
September 1.0054 0.9539 0.9732
October 1.0706 0.9967 1.0216
November 1.0955 0.9691 1.0225
December 1.0106 0.9469 0.9869