YEARLY HIGH
0.2999 BAM
YEARLY LOW
0.1943 BAM
YEARLY AVERAGE
0.2475 BAM

2020 TRY to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.2999. Conversely, the yearly low was recorded on November 7, dropping to 0.1943.

This high-to-low spread represents a total annual volatility of 0.1057 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2973 to the December average rate of 0.2087, the exchange rate registered a net change of -29.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2999 was down 9.10% compared to the 2019 peak of 0.3300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 14,997 BAM
2019 Average 15,389 BAM
Yearly Trough Low 9,713 BAM
Transaction Impact: A difference of 5,283.84 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3063
0.1988
JanuMarcMayJulySeptNove

TRY to BAM 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 0.2748, compared to 0.2203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0545 points.

H1 Avg (Jan–Jun) 0.2748
H2 Avg (Jul–Dec) 0.2203

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0247 BAM (High: 0.2190 / Low: 0.1943). On the other end, January was the most stable month, with a tight range of 0.0074 BAM (High: 0.2999 / Low: 0.2925).

November Spread (Volatile) ±0.0247
January Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0215 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2973) against the same month in 2019 (average: 0.3195), the exchange rate shifted by -0.0222 (-6.95%).

2020 Avg (January) 0.2973
2019 Avg (January) 0.3195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2999 0.2925 0.2973
February 0.2983 0.2850 0.2955
March 0.2887 0.2689 0.2788
April 0.2712 0.2572 0.2629
May 0.2651 0.2514 0.2592
June 0.2612 0.2515 0.2549
July 0.2551 0.2366 0.2489
August 0.2398 0.2223 0.2273
September 0.2235 0.2137 0.2197
October 0.2152 0.2007 0.2092
November 0.2190 0.1943 0.2078
December 0.2160 0.2049 0.2087