YEARLY HIGH
2.9563 MXN
YEARLY LOW
1.2502 MXN
YEARLY AVERAGE
2.3484 MXN

2021 TRY to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 2.9563. Conversely, the yearly low was recorded on December 19, dropping to 1.2502.

This high-to-low spread represents a total annual volatility of 1.7060 MXN. From a start-to-finish perspective, comparing the January average rate of 2.6987 to the December average rate of 1.5719, the exchange rate registered a net change of -41.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9563 was down 23.58% compared to the 2020 peak of 3.8682, 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 147,814 MXN
2020 Average 154,142 MXN
Yearly Trough Low 62,512 MXN
Transaction Impact: A difference of 85,301.76 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9876
1.4432
JanuMarcMayJulySeptNove

TRY to MXN 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 2.5691, compared to 2.1277 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.4414 points.

H1 Avg (JanтАУJun) 2.5691
H2 Avg (JulтАУDec) 2.1277

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.6775 MXN (High: 1.9278 / Low: 1.2502). On the other end, July was the most stable month, with a tight range of 0.0786 MXN (High: 2.3539 / Low: 2.2753).

December Spread (Volatile) ┬▒0.6775
July Spread (Stable) ┬▒0.0786

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 0.3786 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.8589) against the same month in 2020 (average: 3.1067), the exchange rate shifted by -0.2478 (-7.98%).

2021 Avg (February) 2.8589
2020 Avg (February) 3.1067

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 2.8153 2.6303 2.6987
February 2.9563 2.7989 2.8589
March 2.8405 2.4705 2.7036
April 2.5005 2.3584 2.4520
May 2.4432 2.3245 2.3810
June 2.3694 2.2605 2.3206
July 2.3539 2.2753 2.3212
August 2.4287 2.3096 2.3688
September 2.4105 2.2578 2.3380
October 2.3267 2.0770 2.2160
November 2.1847 1.5865 1.9505
December 1.9278 1.2502 1.5719