YEARLY HIGH
10.4426 BTN
YEARLY LOW
4.5407 BTN
YEARLY AVERAGE
8.5533 BTN

2021 TRY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 10.4426. Conversely, the yearly low was recorded on December 19, dropping to 4.5407.

This high-to-low spread represents a total annual volatility of 5.9019 BTN. From a start-to-finish perspective, comparing the January average rate of 9.8796 to the December average rate of 5.6668, the exchange rate registered a net change of -42.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.4426 was down 14.36% compared to the 2020 peak of 12.1935, 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 522,129 BTN
2020 Average 531,919 BTN
Yearly Trough Low 227,035 BTN
Transaction Impact: A difference of 295,093.97 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.6910
5.2101
JanuMarcMayJulySeptNove

TRY to BTN 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 9.3175, compared to 7.7891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5284 points.

H1 Avg (Jan–Jun) 9.3175
H2 Avg (Jul–Dec) 7.7891

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.4722 BTN (High: 7.0129 / Low: 4.5407). On the other end, January was the most stable month, with a tight range of 0.2220 BTN (High: 9.9972 / Low: 9.7752).

December Spread (Volatile) ±2.4722
January Spread (Stable) ±0.2220

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.2983 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 10.2342) against the same month in 2020 (average: 11.7807), the exchange rate shifted by -1.5464 (-13.13%).

2021 Avg (February) 10.2342
2020 Avg (February) 11.7807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9972 9.7752 9.8796
February 10.4426 9.7392 10.2342
March 10.0964 8.7896 9.4618
April 9.3260 8.8655 9.0835
May 8.9824 8.4468 8.7283
June 8.7197 8.3720 8.5177
July 8.7899 8.5578 8.6635
August 8.8997 8.5733 8.7470
September 8.8158 8.2970 8.5827
October 8.4383 7.6804 8.1094
November 7.8467 5.5607 6.9651
December 7.0129 4.5407 5.6668