2020 MAD to TRY Historical Review

YEARLY HIGH

0.9348 TRY

YEARLY LOW

0.6112 TRY

YEARLY AVERAGE

0.7419 TRY

2020 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.9348. Conversely, the yearly low was recorded on January 16, dropping to 0.6112.

This high-to-low spread represents a total annual volatility of 0.3236 TRY. From a start-to-finish perspective, comparing the January average rate of 0.6167 to the December average rate of 0.8575, the exchange rate registered a net change of 39.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9348 was up 46.42% compared to the 2019 peak of 0.6384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,674 TRY

2019 Average 2,955 TRY

Yearly Trough Low 3,056 TRY

Transaction Impact: A difference of 1,617.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8977

0.5911

JanuMarcMayJulySeptNove

MAD 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 0.6638, compared to 0.8200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1562 points.

H1 Avg (Jan–Jun) 0.6638

H2 Avg (Jul–Dec) 0.8200

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1080 TRY (High: 0.9348 / Low: 0.8268). On the other end, January was the most stable month, with a tight range of 0.0122 TRY (High: 0.6234 / Low: 0.6112).

November Spread (Volatile) ±0.1080

January Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0147 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.8722) against the same month in 2019 (average: 0.5948), the exchange rate shifted by +0.2774 (+46.64%).

2020 Avg (November) 0.8722

2019 Avg (November) 0.5948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6234	0.6112	0.6167
February	0.6505	0.6195	0.6270
March	0.6736	0.6360	0.6554
April	0.7072	0.6448	0.6763
May	0.7272	0.6827	0.7030
June	0.7115	0.6886	0.7043
July	0.7481	0.7047	0.7195
August	0.8049	0.7423	0.7885
September	0.8438	0.8021	0.8185
October	0.9040	0.8384	0.8635
November	0.9348	0.8268	0.8722
December	0.8787	0.8279	0.8575