YEARLY HIGH
0.0158 TRY
YEARLY LOW
0.0043 TRY
YEARLY AVERAGE
0.0084 TRY

2021 SYP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0158. Conversely, the yearly low was recorded on December 25, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0116 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0054, the exchange rate registered a net change of -62.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0158 was down 4.79% compared to the 2020 peak of 0.0166, 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 79 TRY
2020 Average 68 TRY
Yearly Trough Low 21 TRY
Transaction Impact: A difference of 57.82 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0153
0.0044
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 0.0101, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0095 TRY (High: 0.0158 / Low: 0.0063). On the other end, July was the most stable month, with a tight range of 0.0002 TRY (High: 0.0069 / Low: 0.0067).

March Spread (Volatile) ±0.0095
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0122) against the same month in 2020 (average: 0.0123), the exchange rate shifted by -0.0002 (-1.25%).

2021 Avg (March) 0.0122
2020 Avg (March) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0142 0.0144
February 0.0145 0.0136 0.0139
March 0.0158 0.0063 0.0122
April 0.0067 0.0064 0.0065
May 0.0068 0.0065 0.0067
June 0.0070 0.0067 0.0069
July 0.0069 0.0067 0.0068
August 0.0069 0.0066 0.0067
September 0.0071 0.0066 0.0068
October 0.0077 0.0070 0.0074
November 0.0088 0.0044 0.0067
December 0.0066 0.0043 0.0054