2021 MMK to TRY Historical Review

YEARLY HIGH

0.0093 TRY

YEARLY LOW

0.0045 TRY

YEARLY AVERAGE

0.0055 TRY

2021 MMK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0093. Conversely, the yearly low was recorded on October 7, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0048 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0076, the exchange rate registered a net change of 35.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0093 was up 40.44% compared to the 2020 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46 TRY

2020 Average 26 TRY

Yearly Trough Low 23 TRY

Transaction Impact: A difference of 23.90 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0078

0.0046

JanuMarcMayJulySeptNove

MMK 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 0.0054, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0054

H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0033 TRY (High: 0.0093 / Low: 0.0060). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0056 / Low: 0.0055).

December Spread (Volatile) ±0.0033

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0076) against the same month in 2020 (average: 0.0058), the exchange rate shifted by +0.0018 (+31.19%).

2021 Avg (December) 0.0076

2020 Avg (December) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0056	0.0055	0.0056
February	0.0054	0.0049	0.0051
March	0.0059	0.0051	0.0055
April	0.0060	0.0053	0.0057
May	0.0055	0.0051	0.0053
June	0.0053	0.0051	0.0052
July	0.0053	0.0051	0.0052
August	0.0053	0.0051	0.0052
September	0.0052	0.0046	0.0049
October	0.0054	0.0045	0.0049
November	0.0075	0.0053	0.0060
December	0.0093	0.0060	0.0076

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