2021 PGK to TRY Historical Review

YEARLY HIGH

4.6885 TRY

YEARLY LOW

1.9550 TRY

YEARLY AVERAGE

2.5169 TRY

2021 PGK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 4.6885. Conversely, the yearly low was recorded on February 20, dropping to 1.9550.

This high-to-low spread represents a total annual volatility of 2.7336 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0948 to the December average rate of 3.8134, the exchange rate registered a net change of 82.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.6885 was up 92.77% compared to the 2020 peak of 2.4322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,443 TRY

2020 Average 10,115 TRY

Yearly Trough Low 9,775 TRY

Transaction Impact: A difference of 13,667.88 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.9939

1.8276

JanuMarcMayJulySeptNove

PGK 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 2.2370, compared to 2.7968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5598 points.

H1 Avg (Jan–Jun) 2.2370

H2 Avg (Jul–Dec) 2.7968

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.6587 TRY (High: 4.6885 / Low: 3.0298). On the other end, January was the most stable month, with a tight range of 0.0588 TRY (High: 2.1236 / Low: 2.0649).

December Spread (Volatile) ±1.6587

January Spread (Stable) ±0.0588

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 0.0867 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.8134) against the same month in 2020 (average: 2.1905), the exchange rate shifted by +1.6228 (+74.08%).

2021 Avg (December) 3.8134

2020 Avg (December) 2.1905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1236	2.0649	2.0948
February	2.0887	1.9550	2.0081
March	2.3592	2.0422	2.1792
April	2.3924	2.2599	2.3124
May	2.4381	2.3258	2.3772
June	2.5028	2.3713	2.4505
July	2.4824	2.4079	2.4466
August	2.4651	2.3495	2.4010
September	2.5250	2.3298	2.4331
October	2.7666	2.5066	2.6205
November	3.8262	2.7132	3.0665
December	4.6885	3.0298	3.8134