YEARLY HIGH
0.0076 TRY
YEARLY LOW
0.0050 TRY
YEARLY AVERAGE
0.0060 TRY

2020 KRW to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0076. Conversely, the yearly low was recorded on February 2, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0026 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0070, the exchange rate registered a net change of 38.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0076 was up 44.65% compared to the 2019 peak of 0.0053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,994 TRY
2019 Average 24,387 TRY
Yearly Trough Low 24,995 TRY
Transaction Impact: A difference of 12,998.62 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0073
0.0049
JanuMarcMayJulySeptNove

KRW 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 0.0054, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0008 TRY (High: 0.0076 / Low: 0.0068). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0051 / Low: 0.0050).

November Spread (Volatile) ±0.0008
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 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 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0071) against the same month in 2019 (average: 0.0049), the exchange rate shifted by +0.0022 (+45.38%).

2020 Avg (November) 0.0071
2019 Avg (November) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0050 0.0051
February 0.0052 0.0050 0.0051
March 0.0054 0.0051 0.0052
April 0.0058 0.0054 0.0056
May 0.0059 0.0055 0.0056
June 0.0057 0.0055 0.0056
July 0.0059 0.0057 0.0057
August 0.0062 0.0058 0.0061
September 0.0067 0.0062 0.0064
October 0.0073 0.0067 0.0069
November 0.0076 0.0068 0.0071
December 0.0073 0.0068 0.0070