YEARLY HIGH
4.1012 TRY
YEARLY LOW
1.9037 TRY
YEARLY AVERAGE
2.2818 TRY

2021 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 4.1012. Conversely, the yearly low was recorded on February 20, dropping to 1.9037.

This high-to-low spread represents a total annual volatility of 2.1975 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0402 to the December average rate of 3.3269, the exchange rate registered a net change of 63.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1012 was up 72.80% compared to the 2020 peak of 2.3733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,506 TRY
2020 Average 10,033 TRY
Yearly Trough Low 9,518 TRY
Transaction Impact: A difference of 10,987.71 TRY purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2021 के दौरान महीने के औसत उतार-चढ़ाव।

3.4647
1.8108
JanuMarcMayJulySeptNove

PEN 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 2.1193, compared to 2.4444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3251 points.

H1 Avg (Jan–Jun) 2.1193
H2 Avg (Jul–Dec) 2.4444

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.4297 TRY (High: 4.1012 / Low: 2.6715). On the other end, January was the most stable month, with a tight range of 0.0696 TRY (High: 2.0712 / Low: 2.0016).

December Spread (Volatile) ±1.4297
January Spread (Stable) ±0.0696

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.1038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.3269) against the same month in 2020 (average: 2.1393), the exchange rate shifted by +1.1876 (+55.51%).

2021 Avg (December) 3.3269
2020 Avg (December) 2.1393

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 2.0712 2.0016 2.0402
February 2.0358 1.9037 1.9487
March 2.2177 1.9432 2.0756
April 2.2735 2.1482 2.2178
May 2.3242 2.1671 2.2261
June 2.2783 2.1528 2.2074
July 2.2480 2.1536 2.1832
August 2.1516 2.0388 2.0794
September 2.1622 2.0228 2.0865
October 2.4582 2.1411 2.3016
November 3.3222 2.3892 2.6887
December 4.1012 2.6715 3.3269