2021 MDL to TRY Historical Review

YEARLY HIGH

0.9354 TRY

YEARLY LOW

0.3976 TRY

YEARLY AVERAGE

0.5032 TRY

2021 MDL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.9354. Conversely, the yearly low was recorded on February 21, dropping to 0.3976.

This high-to-low spread represents a total annual volatility of 0.5378 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4291 to the December average rate of 0.7592, the exchange rate registered a net change of 76.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9354 was up 87.81% compared to the 2020 peak of 0.4981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,677 TRY

2020 Average 2,041 TRY

Yearly Trough Low 1,988 TRY

Transaction Impact: A difference of 2,688.90 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7943

0.3729

JanuMarcMayJulySeptNove

MDL 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 0.4483, compared to 0.5581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1098 points.

H1 Avg (Jan–Jun) 0.4483

H2 Avg (Jul–Dec) 0.5581

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3356 TRY (High: 0.9354 / Low: 0.5998). On the other end, July was the most stable month, with a tight range of 0.0095 TRY (High: 0.4825 / Low: 0.4730).

December Spread (Volatile) ±0.3356

July Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0211 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7592) against the same month in 2020 (average: 0.4480), the exchange rate shifted by +0.3111 (+69.45%).

2021 Avg (December) 0.7592

2020 Avg (December) 0.4480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4350	0.4220	0.4291
February	0.4253	0.3976	0.4080
March	0.4625	0.4075	0.4347
April	0.4707	0.4501	0.4573
May	0.4874	0.4627	0.4743
June	0.4954	0.4735	0.4862
July	0.4825	0.4730	0.4778
August	0.4877	0.4688	0.4798
September	0.5067	0.4695	0.4872
October	0.5569	0.5049	0.5309
November	0.7630	0.5476	0.6135
December	0.9354	0.5998	0.7592