YEARLY HIGH
2.0593 TRY
YEARLY LOW
0.8697 TRY
YEARLY AVERAGE
1.1064 TRY

2021 SBD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.0593. Conversely, the yearly low was recorded on February 20, dropping to 0.8697.

This high-to-low spread represents a total annual volatility of 1.1896 TRY. From a start-to-finish perspective, comparing the January average rate of 0.9246 to the December average rate of 1.6640, the exchange rate registered a net change of 79.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0593 was up 95.72% compared to the 2020 peak of 1.0522, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,297 TRY
2020 Average 4,270 TRY
Yearly Trough Low 4,349 TRY
Transaction Impact: A difference of 5,948.19 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7417
0.8099
JanuMarcMayJulySeptNove

SBD 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 0.9891, compared to 1.2236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2345 points.

H1 Avg (Jan–Jun) 0.9891
H2 Avg (Jul–Dec) 1.2236

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.7385 TRY (High: 2.0593 / Low: 1.3209). On the other end, January was the most stable month, with a tight range of 0.0307 TRY (High: 0.9386 / Low: 0.9079).

December Spread (Volatile) ±0.7385
January Spread (Stable) ±0.0307

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 0.0370 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.6640) against the same month in 2020 (average: 0.9578), the exchange rate shifted by +0.7062 (+73.74%).

2021 Avg (December) 1.6640
2020 Avg (December) 0.9578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9386 0.9079 0.9246
February 0.9304 0.8697 0.8876
March 1.0437 0.9077 0.9649
April 1.0549 1.0066 1.0249
May 1.0766 1.0342 1.0527
June 1.0981 1.0494 1.0801
July 1.0828 1.0487 1.0691
August 1.0748 1.0320 1.0530
September 1.1070 1.0277 1.0638
October 1.2103 1.0972 1.1479
November 1.6748 1.1894 1.3438
December 2.0593 1.3209 1.6640