YEARLY HIGH
1.5657 BWP
YEARLY LOW
0.7082 BWP
YEARLY AVERAGE
1.2814 BWP

2021 TRY to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 1.5657. Conversely, the yearly low was recorded on December 19, dropping to 0.7082.

This high-to-low spread represents a total annual volatility of 0.8575 BWP. From a start-to-finish perspective, comparing the January average rate of 1.4829 to the December average rate of 0.8823, the exchange rate registered a net change of -40.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5657 was down 15.57% compared to the 2020 peak of 1.8544, 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 78,284 BWP
2020 Average 82,190 BWP
Yearly Trough Low 35,411 BWP
Transaction Impact: A difference of 42,872.97 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5993
0.8171
JanuMarcMayJulySeptNove

TRY to BWP 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 1.3848, compared to 1.1779 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2069 points.

H1 Avg (JanтАУJun) 1.3848
H2 Avg (JulтАУDec) 1.1779

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3784 BWP (High: 1.0866 / Low: 0.7082). On the other end, June was the most stable month, with a tight range of 0.0459 BWP (High: 1.2618 / Low: 1.2159).

December Spread (Volatile) ┬▒0.3784
June Spread (Stable) ┬▒0.0459

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1979 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.5341) against the same month in 2020 (average: 1.8125), the exchange rate shifted by -0.2784 (-15.36%).

2021 Avg (February) 1.5341
2020 Avg (February) 1.8125

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 1.5081 1.4479 1.4829
February 1.5657 1.4641 1.5341
March 1.5158 1.3339 1.4384
April 1.3634 1.2792 1.3314
May 1.3196 1.2411 1.2812
June 1.2618 1.2159 1.2410
July 1.3067 1.2467 1.2800
August 1.3418 1.2774 1.3140
September 1.3288 1.2519 1.2923
October 1.2773 1.1491 1.2187
November 1.1990 0.8700 1.0802
December 1.0866 0.7082 0.8823