YEARLY HIGH
0.0140 TRY
YEARLY LOW
0.0063 TRY
YEARLY AVERAGE
0.0077 TRY

2021 KRW to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0140. Conversely, the yearly low was recorded on February 20, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0077 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0114, the exchange rate registered a net change of 68.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0140 was up 84.67% compared to the 2020 peak of 0.0076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,161 TRY
2020 Average 29,873 TRY
Yearly Trough Low 31,480 TRY
Transaction Impact: A difference of 38,680.93 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0119
0.0059
JanuMarcMayJulySeptNove

KRW 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 0.0071, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0050 TRY (High: 0.0140 / Low: 0.0090). On the other end, June was the most stable month, with a tight range of 0.0003 TRY (High: 0.0078 / Low: 0.0075).

December Spread (Volatile) ±0.0050
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between 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 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0114) against the same month in 2020 (average: 0.0070), the exchange rate shifted by +0.0043 (+61.43%).

2021 Avg (December) 0.0114
2020 Avg (December) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0065 0.0067
February 0.0066 0.0063 0.0064
March 0.0073 0.0064 0.0068
April 0.0075 0.0072 0.0073
May 0.0077 0.0073 0.0075
June 0.0078 0.0075 0.0077
July 0.0077 0.0073 0.0075
August 0.0075 0.0072 0.0073
September 0.0075 0.0072 0.0073
October 0.0083 0.0075 0.0078
November 0.0114 0.0081 0.0091
December 0.0140 0.0090 0.0114