YEARLY HIGH
0.1468 TRY
YEARLY LOW
0.0659 TRY
YEARLY AVERAGE
0.0806 TRY

2021 JPY to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JPY to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1468. Conversely, the yearly low was recorded on February 16, dropping to 0.0659.

This high-to-low spread represents a total annual volatility of 0.0810 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0713 to the December average rate of 0.1183, the exchange rate registered a net change of 65.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1468 was up 78.03% compared to the 2020 peak of 0.0825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 73,415 TRY
2020 Average 32,953 TRY
Yearly Trough Low 32,926 TRY
Transaction Impact: A difference of 40,488.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1234
0.0623
JanuMarcMayJulySeptNove

JPY 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 0.0733, compared to 0.0879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.0733
H2 Avg (Jul–Dec) 0.0879

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0533 TRY (High: 0.1468 / Low: 0.0935). On the other end, July was the most stable month, with a tight range of 0.0021 TRY (High: 0.0791 / Low: 0.0771).

December Spread (Volatile) ±0.0533
July Spread (Stable) ±0.0021

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 0.0039 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1183) against the same month in 2020 (average: 0.0742), the exchange rate shifted by +0.0440 (+59.31%).

2021 Avg (December) 0.1183
2020 Avg (December) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0722 0.0695 0.0713
February 0.0697 0.0659 0.0674
March 0.0755 0.0663 0.0707
April 0.0780 0.0735 0.0750
May 0.0781 0.0758 0.0768
June 0.0796 0.0765 0.0784
July 0.0791 0.0771 0.0779
August 0.0784 0.0756 0.0772
September 0.0802 0.0754 0.0778
October 0.0855 0.0794 0.0817
November 0.1192 0.0837 0.0948
December 0.1468 0.0935 0.1183