YEARLY HIGH
0.2998 BGN
YEARLY LOW
0.1932 BGN
YEARLY AVERAGE
0.2474 BGN

2020 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.2998. Conversely, the yearly low was recorded on November 7, dropping to 0.1932.

This high-to-low spread represents a total annual volatility of 0.1066 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2973 to the December average rate of 0.2087, the exchange rate registered a net change of -29.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2998 was down 9.18% compared to the 2019 peak of 0.3302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 14,992 BGN
2019 Average 15,393 BGN
Yearly Trough Low 9,662 BGN
Transaction Impact: A difference of 5,329.70 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3063
0.1986
JanuMarcMayJulySeptNove

TRY to BGN 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 0.2747, compared to 0.2202 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0545 points.

H1 Avg (JanтАУJun) 0.2747
H2 Avg (JulтАУDec) 0.2202

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0251 BGN (High: 0.2184 / Low: 0.1932). On the other end, January was the most stable month, with a tight range of 0.0072 BGN (High: 0.2998 / Low: 0.2926).

November Spread (Volatile) ┬▒0.0251
January Spread (Stable) ┬▒0.0072

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0213 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2973) against the same month in 2019 (average: 0.3197), the exchange rate shifted by -0.0224 (-7.01%).

2020 Avg (January) 0.2973
2019 Avg (January) 0.3197

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.2998 0.2926 0.2973
February 0.2985 0.2839 0.2953
March 0.2891 0.2681 0.2789
April 0.2717 0.2555 0.2628
May 0.2644 0.2516 0.2590
June 0.2612 0.2521 0.2549
July 0.2539 0.2366 0.2485
August 0.2395 0.2220 0.2272
September 0.2240 0.2130 0.2200
October 0.2151 0.2010 0.2091
November 0.2184 0.1932 0.2076
December 0.2159 0.2042 0.2087