2020 TRY to CVE Historical Review

YEARLY HIGH

39.7768 CVE

YEARLY LOW

10.9707 CVE

YEARLY AVERAGE

14.0705 CVE

2020 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 39.7768. Conversely, the yearly low was recorded on November 7, dropping to 10.9707.

This high-to-low spread represents a total annual volatility of 28.8062 CVE. From a start-to-finish perspective, comparing the January average rate of 16.8209 to the December average rate of 11.8069, 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 39.7768 was up 113.12% compared to the 2019 peak of 18.6645, 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 1,988,842 CVE

2019 Average 870,290 CVE

Yearly Trough Low 548,534 CVE

Transaction Impact: A difference of 1,440,307.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.3271

11.2529

JanuMarcMayJulySeptNove

TRY to CVE 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 15.6792, compared to 12.4617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2175 points.

H1 Avg (Jan–Jun) 15.6792

H2 Avg (Jul–Dec) 12.4617

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 24.5625 CVE (High: 39.7768 / Low: 15.2144). On the other end, January was the most stable month, with a tight range of 0.3953 CVE (High: 16.9695 / Low: 16.5742).

March Spread (Volatile) ±24.5625

January Spread (Stable) ±0.3953

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 March and April, when the average rate fell by 1.7166 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.7166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 16.5867) against the same month in 2019 (average: 17.8437), the exchange rate shifted by -1.2569 (-7.04%).

2020 Avg (March) 16.5867

2019 Avg (March) 17.8437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9695	16.5742	16.8209
February	16.9075	16.1629	16.7230
March	39.7768	15.2144	16.5867
April	15.3551	14.4788	14.8701
May	14.9674	14.2087	14.6423
June	14.7965	14.2507	14.4324
July	14.5771	13.4600	14.0970
August	13.6147	12.5214	12.8321
September	12.5797	12.1323	12.4345
October	12.1838	11.3397	11.8406
November	12.3946	10.9707	11.7591
December	12.2261	11.5800	11.8069

૨૦૨૫ TRY થી CVE ઐતિહાસિક સમીક્ષા