YEARLY HIGH
3.7927 TRY
YEARLY LOW
1.7229 TRY
YEARLY AVERAGE
2.1260 TRY

2021 RON to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3.7927. Conversely, the yearly low was recorded on February 17, dropping to 1.7229.

This high-to-low spread represents a total annual volatility of 2.0698 TRY. From a start-to-finish perspective, comparing the January average rate of 1.8489 to the December average rate of 3.0738, the exchange rate registered a net change of 66.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.7927 was up 82.36% compared to the 2020 peak of 2.0798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,963 TRY
2020 Average 8,305 TRY
Yearly Trough Low 8,614 TRY
Transaction Impact: A difference of 10,348.95 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.2049
1.6313
JanuMarcMayJulySeptNove

RON 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 1.9422, compared to 2.3099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3677 points.

H1 Avg (Jan–Jun) 1.9422
H2 Avg (Jul–Dec) 2.3099

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.3466 TRY (High: 3.7927 / Low: 2.4461). On the other end, July was the most stable month, with a tight range of 0.0510 TRY (High: 2.0922 / Low: 2.0412).

December Spread (Volatile) ±1.3466
July Spread (Stable) ±0.0510

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 0.0865 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.0738) against the same month in 2020 (average: 1.9249), the exchange rate shifted by +1.1489 (+59.69%).

2021 Avg (December) 3.0738
2020 Avg (December) 1.9249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8703 1.8114 1.8489
February 1.8446 1.7229 1.7625
March 1.9839 1.7596 1.8728
April 2.0617 1.9484 1.9884
May 2.1239 2.0226 2.0696
June 2.1467 2.0646 2.1109
July 2.0922 2.0412 2.0640
August 2.0670 1.9914 2.0273
September 2.1030 1.9885 2.0394
October 2.2874 2.0738 2.1662
November 3.0924 2.2374 2.4887
December 3.7927 2.4461 3.0738