YEARLY HIGH
18.7400 TRY
YEARLY LOW
8.4005 TRY
YEARLY AVERAGE
10.4672 TRY

2021 EUR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 18.7400. Conversely, the yearly low was recorded on February 17, dropping to 8.4005.

This high-to-low spread represents a total annual volatility of 10.3395 TRY. From a start-to-finish perspective, comparing the January average rate of 9.0040 to the December average rate of 15.2138, the exchange rate registered a net change of 68.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.7400 was up 85.12% compared to the 2020 peak of 10.1229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,700 TRY
2020 Average 40,214 TRY
Yearly Trough Low 42,002 TRY
Transaction Impact: A difference of 51,697.49 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.8760
7.9296
JanuMarcMayJulySeptNove

EUR 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: JanтАУJun) was 9.5210, compared to 11.4134 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.8924 points.

H1 Avg (JanтАУJun) 9.5210
H2 Avg (JulтАУDec) 11.4134

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 6.6303 TRY (High: 18.7400 / Low: 12.1097). On the other end, July was the most stable month, with a tight range of 0.2781 TRY (High: 10.3104 / Low: 10.0324).

December Spread (Volatile) ┬▒6.6303
July Spread (Stable) ┬▒0.2781

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 0.4122 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 15.2138) against the same month in 2020 (average: 9.3757), the exchange rate shifted by +5.8381 (+62.27%).

2021 Avg (December) 15.2138
2020 Avg (December) 9.3757

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 9.1164 8.8289 9.0040
February 8.9734 8.4005 8.5918
March 9.7648 8.6243 9.1552
April 10.1779 9.5701 9.7889
May 10.4571 9.9626 10.1910
June 10.5681 10.1555 10.3950
July 10.3104 10.0324 10.1658
August 10.1570 9.8248 9.9801
September 10.4108 9.8253 10.0887
October 11.3145 10.2568 10.7174
November 15.3029 11.0725 12.3146
December 18.7400 12.1097 15.2138