YEARLY HIGH
2.0649 TRY
YEARLY LOW
1.4373 TRY
YEARLY AVERAGE
1.6729 TRY

2020 MYR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.0649. Conversely, the yearly low was recorded on January 9, dropping to 1.4373.

This high-to-low spread represents a total annual volatility of 0.6277 TRY. From a start-to-finish perspective, comparing the January average rate of 1.4529 to the December average rate of 1.8989, the exchange rate registered a net change of 30.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0649 was up 39.03% compared to the 2019 peak of 1.4853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 41,298 TRY
2019 Average 27,439 TRY
Yearly Trough Low 28,745 TRY
Transaction Impact: A difference of 12,553.15 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9862
1.4044
JanuMarcMayJulySeptNove

MYR 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 1.5259, compared to 1.8200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2941 points.

H1 Avg (Jan–Jun) 1.5259
H2 Avg (Jul–Dec) 1.8200

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2246 TRY (High: 2.0649 / Low: 1.8403). On the other end, January was the most stable month, with a tight range of 0.0257 TRY (High: 1.4629 / Low: 1.4373).

November Spread (Volatile) ±0.2246
January Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0389 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.9377) against the same month in 2019 (average: 1.3808), the exchange rate shifted by +0.5569 (+40.33%).

2020 Avg (November) 1.9377
2019 Avg (November) 1.3808

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4629 1.4373 1.4529
February 1.4816 1.4459 1.4587
March 1.5340 1.4510 1.4773
April 1.6265 1.5224 1.5751
May 1.6649 1.5434 1.5961
June 1.6094 1.5687 1.5952
July 1.6456 1.5974 1.6110
August 1.7746 1.6420 1.7381
September 1.8793 1.7771 1.8192
October 2.0098 1.8635 1.9149
November 2.0649 1.8403 1.9377
December 1.9440 1.8250 1.8989