YEARLY HIGH
0.0166 TRY
YEARLY LOW
0.0114 TRY
YEARLY AVERAGE
0.0137 TRY

2020 SYP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0166. Conversely, the yearly low was recorded on January 16, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0052 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0115 to the December average rate of 0.0150, the exchange rate registered a net change of 30.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0166 was up 38.90% compared to the 2019 peak of 0.0120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83 TRY
2019 Average 55 TRY
Yearly Trough Low 57 TRY
Transaction Impact: A difference of 26.23 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0159
0.0111
JanuMarcMayJulySeptNove

SYP 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 0.0126, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0019 TRY (High: 0.0166 / Low: 0.0147). On the other end, January was the most stable month, with a tight range of 0.0002 TRY (High: 0.0116 / Low: 0.0114).

November Spread (Volatile) ±0.0019
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0155) against the same month in 2019 (average: 0.0111), the exchange rate shifted by +0.0044 (+39.37%).

2020 Avg (November) 0.0155
2019 Avg (November) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0116 0.0114 0.0115
February 0.0121 0.0116 0.0118
March 0.0129 0.0118 0.0123
April 0.0136 0.0129 0.0133
May 0.0140 0.0131 0.0135
June 0.0134 0.0131 0.0133
July 0.0136 0.0133 0.0134
August 0.0145 0.0135 0.0142
September 0.0153 0.0144 0.0148
October 0.0163 0.0151 0.0155
November 0.0166 0.0147 0.0155
December 0.0154 0.0144 0.0150