YEARLY HIGH
39.7768 CVE
YEARLY LOW
10.9707 CVE
YEARLY AVERAGE
14.0705 CVE

2020 TRY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 39.7768. Conversely, the yearly low was recorded on November 7, dropping to 10.9707.

This high-to-low spread represents a total annual volatility of 28.8062 CVE. From a start-to-finish perspective, comparing the January average rate of 16.8209 to the December average rate of 11.8069, 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 39.7768 was up 113.12% compared to the 2019 peak of 18.6645, 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 1,988,842 CVE
2019 Average 870,290 CVE
Yearly Trough Low 548,534 CVE
Transaction Impact: A difference of 1,440,307.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.3271
11.2529
JanuMarcMayJulySeptNove

TRY to CVE 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 15.6792, compared to 12.4617 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 3.2175 points.

H1 Avg (JanтАУJun) 15.6792
H2 Avg (JulтАУDec) 12.4617

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 24.5625 CVE (High: 39.7768 / Low: 15.2144). On the other end, January was the most stable month, with a tight range of 0.3953 CVE (High: 16.9695 / Low: 16.5742).

March Spread (Volatile) ┬▒24.5625
January Spread (Stable) ┬▒0.3953

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 March and April, when the average rate fell by 1.7166 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.7166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 16.5867) against the same month in 2019 (average: 17.8437), the exchange rate shifted by -1.2569 (-7.04%).

2020 Avg (March) 16.5867
2019 Avg (March) 17.8437

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 16.9695 16.5742 16.8209
February 16.9075 16.1629 16.7230
March 39.7768 15.2144 16.5867
April 15.3551 14.4788 14.8701
May 14.9674 14.2087 14.6423
June 14.7965 14.2507 14.4324
July 14.5771 13.4600 14.0970
August 13.6147 12.5214 12.8321
September 12.5797 12.1323 12.4345
October 12.1838 11.3397 11.8406
November 12.3946 10.9707 11.7591
December 12.2261 11.5800 11.8069