YEARLY HIGH
0.5396 TRY
YEARLY LOW
0.3563 TRY
YEARLY AVERAGE
0.4287 TRY

2020 SZL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.5396. Conversely, the yearly low was recorded on April 6, dropping to 0.3563.

This high-to-low spread represents a total annual volatility of 0.1832 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4128 to the December average rate of 0.5169, the exchange rate registered a net change of 25.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5396 was up 25.83% compared to the 2019 peak of 0.4288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,698 TRY
2019 Average 1,968 TRY
Yearly Trough Low 1,782 TRY
Transaction Impact: A difference of 916.19 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5317
0.3544
JanuMarcMayJulySeptNove

SZL 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 0.3913, compared to 0.4661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0748 points.

H1 Avg (Jan–Jun) 0.3913
H2 Avg (Jul–Dec) 0.4661

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0517 TRY (High: 0.5396 / Low: 0.4879). On the other end, February was the most stable month, with a tight range of 0.0104 TRY (High: 0.4087 / Low: 0.3983).

November Spread (Volatile) ±0.0517
February Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0228 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.5126) against the same month in 2019 (average: 0.3877), the exchange rate shifted by +0.1249 (+32.21%).

2020 Avg (November) 0.5126
2019 Avg (November) 0.3877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4263 0.4049 0.4128
February 0.4087 0.3983 0.4048
March 0.4091 0.3655 0.3820
April 0.3827 0.3563 0.3692
May 0.3903 0.3711 0.3810
June 0.4092 0.3879 0.3981
July 0.4223 0.3968 0.4100
August 0.4405 0.3997 0.4233
September 0.4679 0.4391 0.4509
October 0.5121 0.4665 0.4829
November 0.5396 0.4879 0.5126
December 0.5249 0.5042 0.5169