YEARLY HIGH
0.2193 TRY
YEARLY LOW
0.0958 TRY
YEARLY AVERAGE
0.1199 TRY

2021 INR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2193. Conversely, the yearly low was recorded on February 17, dropping to 0.0958.

This high-to-low spread represents a total annual volatility of 0.1235 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1012 to the December average rate of 0.1784, the exchange rate registered a net change of 76.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2193 was up 90.27% compared to the 2020 peak of 0.1152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 54,813 TRY
2020 Average 23,679 TRY
Yearly Trough Low 23,949 TRY
Transaction Impact: A difference of 30,864.22 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1865
0.0895
JanuMarcMayJulySeptNove

INR 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 0.1077, compared to 0.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.1077
H2 Avg (Jul–Dec) 0.1322

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0769 TRY (High: 0.2193 / Low: 0.1424). On the other end, January was the most stable month, with a tight range of 0.0024 TRY (High: 0.1023 / Low: 0.0999).

December Spread (Volatile) ±0.0769
January Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1784) against the same month in 2020 (average: 0.1046), the exchange rate shifted by +0.0738 (+70.61%).

2021 Avg (December) 0.1784
2020 Avg (December) 0.1046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1023 0.0999 0.1012
February 0.1009 0.0958 0.0975
March 0.1136 0.0993 0.1057
April 0.1124 0.1075 0.1099
May 0.1185 0.1119 0.1146
June 0.1193 0.1145 0.1173
July 0.1167 0.1137 0.1153
August 0.1165 0.1124 0.1144
September 0.1203 0.1133 0.1165
October 0.1296 0.1186 0.1233
November 0.1800 0.1276 0.1451
December 0.2193 0.1424 0.1784