2021 MXN to TRY Historical Review

YEARLY HIGH

0.7998 TRY

YEARLY LOW

0.3383 TRY

YEARLY AVERAGE

0.4370 TRY

2021 MXN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.7998. Conversely, the yearly low was recorded on February 22, dropping to 0.3383.

This high-to-low spread represents a total annual volatility of 0.4616 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3707 to the December average rate of 0.6439, the exchange rate registered a net change of 73.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7998 was up 93.29% compared to the 2020 peak of 0.4138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 39,992 TRY

2020 Average 16,423 TRY

Yearly Trough Low 16,913 TRY

Transaction Impact: A difference of 23,079.20 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6733

0.3205

JanuMarcMayJulySeptNove

MXN 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 0.3917, compared to 0.4822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0905 points.

H1 Avg (Jan–Jun) 0.3917

H2 Avg (Jul–Dec) 0.4822

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2811 TRY (High: 0.7998 / Low: 0.5187). On the other end, July was the most stable month, with a tight range of 0.0147 TRY (High: 0.4395 / Low: 0.4248).

December Spread (Volatile) ±0.2811

July Spread (Stable) ±0.0147

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 0.0208 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6439) against the same month in 2020 (average: 0.3861), the exchange rate shifted by +0.2578 (+66.77%).

2021 Avg (December) 0.6439

2020 Avg (December) 0.3861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3802	0.3552	0.3707
February	0.3573	0.3383	0.3499
March	0.4048	0.3520	0.3707
April	0.4240	0.3999	0.4079
May	0.4302	0.4093	0.4201
June	0.4424	0.4220	0.4310
July	0.4395	0.4248	0.4309
August	0.4330	0.4118	0.4223
September	0.4429	0.4148	0.4279
October	0.4815	0.4298	0.4519
November	0.6303	0.4577	0.5166
December	0.7998	0.5187	0.6439