2021 HNL to TRY Historical Review

YEARLY HIGH

0.6834 TRY

YEARLY LOW

0.2862 TRY

YEARLY AVERAGE

0.3683 TRY

2021 HNL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6834. Conversely, the yearly low was recorded on February 19, dropping to 0.2862.

This high-to-low spread represents a total annual volatility of 0.3972 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3052 to the December average rate of 0.5543, the exchange rate registered a net change of 81.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6834 was up 96.80% compared to the 2020 peak of 0.3472, 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 3,417 TRY

2020 Average 1,421 TRY

Yearly Trough Low 1,431 TRY

Transaction Impact: A difference of 1,985.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5805

0.2670

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 0.3272, compared to 0.4094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0822 points.

H1 Avg (Jan–Jun) 0.3272

H2 Avg (Jul–Dec) 0.4094

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2444 TRY (High: 0.6834 / Low: 0.4390). On the other end, July was the most stable month, with a tight range of 0.0089 TRY (High: 0.3651 / Low: 0.3562).

December Spread (Volatile) ±0.2444

July Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 0.0122 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5543) against the same month in 2020 (average: 0.3177), the exchange rate shifted by +0.2366 (+74.48%).

2021 Avg (December) 0.5543

2020 Avg (December) 0.3177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3103	0.2936	0.3052
February	0.3083	0.2862	0.2931
March	0.3450	0.2983	0.3179
April	0.3508	0.3331	0.3397
May	0.3563	0.3414	0.3482
June	0.3662	0.3480	0.3591
July	0.3651	0.3562	0.3600
August	0.3647	0.3487	0.3565
September	0.3700	0.3457	0.3557
October	0.4036	0.3665	0.3825
November	0.5590	0.3951	0.4474
December	0.6834	0.4390	0.5543