2021 SAR to TRY Historical Review

YEARLY HIGH

4.4404 TRY

YEARLY LOW

1.8563 TRY

YEARLY AVERAGE

2.3676 TRY

2021 SAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 4.4404. Conversely, the yearly low was recorded on February 15, dropping to 1.8563.

This high-to-low spread represents a total annual volatility of 2.5841 TRY. From a start-to-finish perspective, comparing the January average rate of 1.9728 to the December average rate of 3.5866, the exchange rate registered a net change of 81.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.4404 was up 95.35% compared to the 2020 peak of 2.2731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,202 TRY

2020 Average 9,358 TRY

Yearly Trough Low 9,281 TRY

Transaction Impact: A difference of 12,920.48 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.7558

1.7248

JanuMarcMayJulySeptNove

SAR 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 2.1068, compared to 2.6283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5215 points.

H1 Avg (Jan–Jun) 2.1068

H2 Avg (Jul–Dec) 2.6283

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.5918 TRY (High: 4.4404 / Low: 2.8486). On the other end, January was the most stable month, with a tight range of 0.0534 TRY (High: 1.9957 / Low: 1.9423).

December Spread (Volatile) ±1.5918

January Spread (Stable) ±0.0534

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 0.0787 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.5866) against the same month in 2020 (average: 2.0532), the exchange rate shifted by +1.5334 (+74.68%).

2021 Avg (December) 3.5866

2020 Avg (December) 2.0532

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9957	1.9423	1.9728
February	1.9798	1.8563	1.8941
March	2.2210	1.9246	2.0518
April	2.2450	2.1423	2.1818
May	2.2875	2.1963	2.2371
June	2.3415	2.2363	2.3033
July	2.3180	2.2542	2.2916
August	2.3075	2.2179	2.2610
September	2.3791	2.2093	2.2855
October	2.5918	2.3605	2.4639
November	3.6002	2.5448	2.8815
December	4.4404	2.8486	3.5866