YEARLY HIGH
22.0503 TRY
YEARLY LOW
9.6683 TRY
YEARLY AVERAGE
12.1897 TRY

2021 FKP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 22.0503. Conversely, the yearly low was recorded on February 17, dropping to 9.6683.

This high-to-low spread represents a total annual volatility of 12.3820 TRY. From a start-to-finish perspective, comparing the January average rate of 10.0962 to the December average rate of 17.9047, the exchange rate registered a net change of 77.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.0503 was up 96.58% compared to the 2020 peak of 11.2168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,252 TRY
2020 Average 45,122 TRY
Yearly Trough Low 48,341 TRY
Transaction Impact: A difference of 61,910.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.7095
9.0516
JanuMarcMayJulySeptNove

FKP 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 10.9752, compared to 13.4042 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 2.4290 points.

H1 Avg (JanтАУJun) 10.9752
H2 Avg (JulтАУDec) 13.4042

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.7321 TRY (High: 22.0503 / Low: 14.3182). On the other end, January was the most stable month, with a tight range of 0.2441 TRY (High: 10.1928 / Low: 9.9487).

December Spread (Volatile) ┬▒7.7321
January Spread (Stable) ┬▒0.2441

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 0.2398 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 17.9047) against the same month in 2020 (average: 10.3575), the exchange rate shifted by +7.5471 (+72.87%).

2021 Avg (December) 17.9047
2020 Avg (December) 10.3575

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

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Month High Low Average
January 10.1928 9.9487 10.0962
February 10.3712 9.6683 9.8564
March 11.4498 10.0129 10.6631
April 11.6728 11.0739 11.3219
May 12.1647 11.4521 11.8111
June 12.2924 11.8317 12.1028
July 12.0446 11.6946 11.8750
August 11.9821 11.4407 11.6977
September 12.1557 11.4265 11.7770
October 13.3780 12.0022 12.6489
November 17.9569 13.0342 14.5220
December 22.0503 14.3182 17.9047