YEARLY HIGH
0.0282 TRY
YEARLY LOW
0.0193 TRY
YEARLY AVERAGE
0.0228 TRY

2020 HUF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0282. Conversely, the yearly low was recorded on February 12, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0089 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0261, the exchange rate registered a net change of 32.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0282 was up 32.35% compared to the 2019 peak of 0.0213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 28,218 TRY
2019 Average 19,557 TRY
Yearly Trough Low 19,337 TRY
Transaction Impact: A difference of 8,881.36 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0269
0.0190
JanuMarcMayJulySeptNove

HUF 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 0.0207, compared to 0.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0207
H2 Avg (Jul–Dec) 0.0250

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0033 TRY (High: 0.0282 / Low: 0.0249). On the other end, September was the most stable month, with a tight range of 0.0007 TRY (High: 0.0251 / Low: 0.0244).

November Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0262) against the same month in 2019 (average: 0.0190), the exchange rate shifted by +0.0072 (+37.75%).

2020 Avg (November) 0.0262
2019 Avg (November) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0203 0.0194 0.0197
February 0.0203 0.0193 0.0196
March 0.0209 0.0195 0.0203
April 0.0217 0.0198 0.0209
May 0.0222 0.0210 0.0215
June 0.0224 0.0216 0.0221
July 0.0240 0.0218 0.0224
August 0.0253 0.0237 0.0247
September 0.0251 0.0244 0.0247
October 0.0265 0.0254 0.0258
November 0.0282 0.0249 0.0262
December 0.0271 0.0248 0.0261