2020 HNL to TRY Historical Review

YEARLY HIGH

0.3472 TRY

YEARLY LOW

0.2324 TRY

YEARLY AVERAGE

0.2840 TRY

2020 HNL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.3472. Conversely, the yearly low was recorded on January 14, dropping to 0.2324.

This high-to-low spread represents a total annual volatility of 0.1149 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2391 to the December average rate of 0.3177, the exchange rate registered a net change of 32.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3472 was down 11.15% compared to the 2019 peak of 0.3908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,736 TRY

2019 Average 1,158 TRY

Yearly Trough Low 1,162 TRY

Transaction Impact: A difference of 574.42 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3351

0.2303

JanuMarcMayJulySeptNove

HNL 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 0.2607, compared to 0.3073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 0.2607

H2 Avg (Jul–Dec) 0.3073

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0374 TRY (High: 0.3472 / Low: 0.3098). On the other end, July was the most stable month, with a tight range of 0.0055 TRY (High: 0.2801 / Low: 0.2746).

November Spread (Volatile) ±0.0374

July Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0087 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.3264) against the same month in 2019 (average: 0.2326), the exchange rate shifted by +0.0938 (+40.34%).

2020 Avg (November) 0.3264

2019 Avg (November) 0.2326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2417	0.2324	0.2391
February	0.2504	0.2409	0.2444
March	0.2655	0.2442	0.2551
April	0.2804	0.2661	0.2750
May	0.2881	0.2698	0.2773
June	0.2762	0.2688	0.2734
July	0.2801	0.2746	0.2762
August	0.3001	0.2788	0.2944
September	0.3173	0.2991	0.3055
October	0.3397	0.3148	0.3235
November	0.3472	0.3098	0.3264
December	0.3259	0.3050	0.3177