YEARLY HIGH
0.0022 TRY
YEARLY LOW
0.0016 TRY
YEARLY AVERAGE
0.0018 TRY

2020 MGA to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0022. Conversely, the yearly low was recorded on January 16, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0006 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0020, the exchange rate registered a net change of 25.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0022 was down 8.97% compared to the 2019 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 TRY
2019 Average 8 TRY
Yearly Trough Low 8 TRY
Transaction Impact: A difference of 3.04 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0021
0.0016
JanuMarcMayJulySeptNove

MGA 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 0.0017, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0003 TRY (High: 0.0022 / Low: 0.0019). On the other end, June was the most stable month, with a tight range of 0.0000 TRY (High: 0.0018 / Low: 0.0018).

November Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0020) against the same month in 2019 (average: 0.0016), the exchange rate shifted by +0.0005 (+30.60%).

2020 Avg (November) 0.0020
2019 Avg (November) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0016 0.0016
February 0.0017 0.0016 0.0016
March 0.0018 0.0016 0.0017
April 0.0018 0.0018 0.0018
May 0.0019 0.0018 0.0018
June 0.0018 0.0018 0.0018
July 0.0018 0.0018 0.0018
August 0.0019 0.0018 0.0019
September 0.0020 0.0019 0.0020
October 0.0021 0.0020 0.0020
November 0.0022 0.0019 0.0020
December 0.0021 0.0019 0.0020