YEARLY HIGH
234.9182 SYP
YEARLY LOW
63.2080 SYP
YEARLY AVERAGE
134.1857 SYP

2021 TRY to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 234.9182. Conversely, the yearly low was recorded on March 21, dropping to 63.2080.

This high-to-low spread represents a total annual volatility of 171.7102 SYP. From a start-to-finish perspective, comparing the January average rate of 69.3042 to the December average rate of 189.1259, the exchange rate registered a net change of 172.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 234.9182 was up 167.13% compared to the 2020 peak of 87.9399, 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 11,745,912 SYP
2020 Average 3,689,229 SYP
Yearly Trough Low 3,160,401 SYP
Transaction Impact: A difference of 8,585,511.58 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

201.1081
57.3221
JanuMarcMayJulySeptNove

TRY to SYP 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 114.0309, compared to 154.3405 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 40.3096 points.

H1 Avg (JanтАУJun) 114.0309
H2 Avg (JulтАУDec) 154.3405

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 111.7149 SYP (High: 225.2720 / Low: 113.5570). On the other end, January was the most stable month, with a tight range of 1.9183 SYP (High: 70.4146 / Low: 68.4963).

November Spread (Volatile) ┬▒111.7149
January Spread (Stable) ┬▒1.9183

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 10.6074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.6074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 189.1259) against the same month in 2020 (average: 66.6090), the exchange rate shifted by +122.5169 (+183.93%).

2021 Avg (December) 189.1259
2020 Avg (December) 66.6090

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 70.4146 68.4963 69.3042
February 73.6530 69.0595 72.2080
March 158.8948 63.2080 93.3997
April 156.5302 149.3785 153.7084
May 152.6798 146.6166 149.9215
June 149.9696 143.2275 145.6435
July 148.7346 144.6953 146.3257
August 151.1724 145.3331 148.3285
September 151.8200 140.8964 146.7967
October 142.0483 129.3205 136.1893
November 225.2720 113.5570 159.2767
December 234.9182 150.7361 189.1259