2021 MVR to TRY Historical Review

YEARLY HIGH

1.0824 TRY

YEARLY LOW

0.4518 TRY

YEARLY AVERAGE

0.5754 TRY

2021 MVR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.0824. Conversely, the yearly low was recorded on February 15, dropping to 0.4518.

This high-to-low spread represents a total annual volatility of 0.6306 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4804 to the December average rate of 0.8718, the exchange rate registered a net change of 81.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0824 was up 95.52% compared to the 2020 peak of 0.5536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 5,412 TRY

2020 Average 2,276 TRY

Yearly Trough Low 2,259 TRY

Transaction Impact: A difference of 3,152.91 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9129

0.4201

JanuMarcMayJulySeptNove

MVR to TRY 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: Jan–Jun) was 0.5122, compared to 0.6387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1265 points.

H1 Avg (Jan–Jun) 0.5122

H2 Avg (Jul–Dec) 0.6387

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3901 TRY (High: 1.0824 / Low: 0.6922). On the other end, January was the most stable month, with a tight range of 0.0132 TRY (High: 0.4861 / Low: 0.4729).

December Spread (Volatile) ±0.3901

January Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0193 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8718) against the same month in 2020 (average: 0.4997), the exchange rate shifted by +0.3721 (+74.45%).

2021 Avg (December) 0.8718

2020 Avg (December) 0.4997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4861	0.4729	0.4804
February	0.4822	0.4518	0.4611
March	0.5391	0.4670	0.4985
April	0.5449	0.5200	0.5296
May	0.5553	0.5339	0.5442
June	0.5689	0.5428	0.5592
July	0.5645	0.5472	0.5578
August	0.5597	0.5384	0.5488
September	0.5776	0.5362	0.5553
October	0.6292	0.5730	0.5984
November	0.8742	0.6178	0.6999
December	1.0824	0.6922	0.8718