YEARLY HIGH
0.0666 TRY
YEARLY LOW
0.0278 TRY
YEARLY AVERAGE
0.0355 TRY

2021 YER to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the YER to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0666. Conversely, the yearly low was recorded on February 15, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0388 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0538, the exchange rate registered a net change of 81.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0666 was up 95.60% compared to the 2020 peak of 0.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333 TRY
2020 Average 140 TRY
Yearly Trough Low 139 TRY
Transaction Impact: A difference of 193.99 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0563
0.0258
JanuMarcMayJulySeptNove

YER 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 0.0316, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0316
H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0239 TRY (High: 0.0666 / Low: 0.0427). On the other end, January was the most stable month, with a tight range of 0.0008 TRY (High: 0.0299 / Low: 0.0291).

December Spread (Volatile) ±0.0239
January Spread (Stable) ±0.0008

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 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0538) against the same month in 2020 (average: 0.0308), the exchange rate shifted by +0.0230 (+74.78%).

2021 Avg (December) 0.0538
2020 Avg (December) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0299 0.0291 0.0296
February 0.0297 0.0278 0.0284
March 0.0333 0.0288 0.0307
April 0.0336 0.0321 0.0327
May 0.0343 0.0329 0.0335
June 0.0351 0.0335 0.0345
July 0.0347 0.0338 0.0344
August 0.0346 0.0332 0.0339
September 0.0356 0.0330 0.0342
October 0.0389 0.0354 0.0369
November 0.0540 0.0381 0.0432
December 0.0666 0.0427 0.0538