YEARLY HIGH
42432.2817 VEF
YEARLY LOW
29148.1105 VEF
YEARLY AVERAGE
35728.0797 VEF

2020 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 42432.2817. Conversely, the yearly low was recorded on November 7, dropping to 29148.1105.

This high-to-low spread represents a total annual volatility of 13284.1711 VEF. From a start-to-finish perspective, comparing the January average rate of 41940.6621 to the December average rate of 32272.1275, the exchange rate registered a net change of -23.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 42432.2817 was down 11.53% compared to the 2019 peak of 47961.5876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,121,614,083 VEF
2019 Average 2,189,501,034 VEF
Yearly Trough Low 1,457,405,526 VEF
Transaction Impact: A difference of 664,208,557.04 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

43010.3294
30174.3212
JanuMarcMayJulySeptNove

TRY to VEF 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 38451.6987, compared to 33004.4607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5447.2380 points.

H1 Avg (Jan–Jun) 38451.6987
H2 Avg (Jul–Dec) 33004.4607

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 3788.5898 VEF (High: 32936.7004 / Low: 29148.1105). On the other end, July was the most stable month, with a tight range of 764.3085 VEF (High: 36382.1120 / Low: 35617.8036).

November Spread (Volatile) ±3788.5898
July Spread (Stable) ±764.3085

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2898.1499 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2898.1499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 41940.6621) against the same month in 2019 (average: 46375.2584), the exchange rate shifted by -4434.5964 (-9.56%).

2020 Avg (January) 41940.6621
2019 Avg (January) 46375.2584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42432.2817 41539.2247 41940.6621
February 41561.4158 39804.5144 40966.7553
March 40864.9732 37561.7028 39178.7413
April 37453.2967 35545.5610 36280.5914
May 36896.9177 34513.1312 35894.8943
June 37052.8670 36239.5931 36448.5476
July 36382.1120 35617.8036 36164.5530
August 35849.0431 33582.3927 34150.1914
September 33712.8960 31775.6898 32925.8824
October 32037.2917 29770.4081 31270.0213
November 32936.7004 29148.1105 31243.9885
December 33664.9383 31490.9844 32272.1275