YEARLY HIGH
0.1174 TRY
YEARLY LOW
0.0403 TRY
YEARLY AVERAGE
0.0543 TRY

2021 LRD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LRD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1174. Conversely, the yearly low was recorded on February 20, dropping to 0.0403.

This high-to-low spread represents a total annual volatility of 0.0771 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0440 to the December average rate of 0.0944, the exchange rate registered a net change of 114.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1174 was up 130.42% compared to the 2020 peak of 0.0509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 587 TRY
2020 Average 185 TRY
Yearly Trough Low 201 TRY
Transaction Impact: A difference of 385.65 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0998
0.0358
JanuMarcMayJulySeptNove

LRD 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 0.0460, compared to 0.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.0460
H2 Avg (Jul–Dec) 0.0626

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0428 TRY (High: 0.1174 / Low: 0.0746). On the other end, July was the most stable month, with a tight range of 0.0014 TRY (High: 0.0507 / Low: 0.0493).

December Spread (Volatile) ±0.0428
July Spread (Stable) ±0.0014

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 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0944) against the same month in 2020 (average: 0.0478), the exchange rate shifted by +0.0467 (+97.67%).

2021 Avg (December) 0.0944
2020 Avg (December) 0.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0453 0.0427 0.0440
February 0.0428 0.0403 0.0412
March 0.0481 0.0416 0.0443
April 0.0488 0.0465 0.0474
May 0.0500 0.0479 0.0488
June 0.0513 0.0489 0.0504
July 0.0507 0.0493 0.0501
August 0.0504 0.0484 0.0494
September 0.0522 0.0482 0.0500
October 0.0634 0.0517 0.0569
November 0.0951 0.0636 0.0748
December 0.1174 0.0746 0.0944