2020 PEN to TRY Historical Review

YEARLY HIGH

2.3733 TRY

YEARLY LOW

1.7548 TRY

YEARLY AVERAGE

2.0062 TRY

2020 PEN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.3733. Conversely, the yearly low was recorded on March 7, dropping to 1.7548.

This high-to-low spread represents a total annual volatility of 0.6185 TRY. From a start-to-finish perspective, comparing the January average rate of 1.7817 to the December average rate of 2.1393, the exchange rate registered a net change of 20.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3733 was up 27.68% compared to the 2019 peak of 1.8589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,867 TRY

2019 Average 8,518 TRY

Yearly Trough Low 8,774 TRY

Transaction Impact: A difference of 3,092.45 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2540

1.7387

JanuMarcMayJulySeptNove

PEN 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 1.8991, compared to 2.1133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2142 points.

H1 Avg (Jan–Jun) 1.8991

H2 Avg (Jul–Dec) 2.1133

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2737 TRY (High: 2.3733 / Low: 2.0996). On the other end, February was the most stable month, with a tight range of 0.0488 TRY (High: 1.8151 / Low: 1.7663).

November Spread (Volatile) ±0.2737

February Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0689 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.2082) against the same month in 2019 (average: 1.7041), the exchange rate shifted by +0.5041 (+29.58%).

2020 Avg (November) 2.2082

2019 Avg (November) 1.7041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8058	1.7552	1.7817
February	1.8151	1.7663	1.7891
March	1.9224	1.7548	1.8199
April	2.0746	1.9273	2.0148
May	2.1185	1.9634	2.0271
June	1.9890	1.9373	1.9621
July	1.9905	1.9356	1.9540
August	2.0840	1.9567	2.0445
September	2.1786	2.0812	2.1231
October	2.3086	2.1453	2.2110
November	2.3733	2.0996	2.2082
December	2.1952	2.0390	2.1393