YEARLY HIGH
6.2984 TRY
YEARLY LOW
4.3070 TRY
YEARLY AVERAGE
5.0964 TRY

2020 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 6.2984. Conversely, the yearly low was recorded on February 9, dropping to 4.3070.

This high-to-low spread represents a total annual volatility of 1.9914 TRY. From a start-to-finish perspective, comparing the January average rate of 4.3860 to the December average rate of 5.7807, the exchange rate registered a net change of 31.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.2984 was up 38.04% compared to the 2019 peak of 4.5626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,492 TRY
2019 Average 20,730 TRY
Yearly Trough Low 21,535 TRY
Transaction Impact: A difference of 9,957.12 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.0650
4.2126
JanuMarcMayJulySeptNove

BND 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 4.6376, compared to 5.5552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9175 points.

H1 Avg (Jan–Jun) 4.6376
H2 Avg (Jul–Dec) 5.5552

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.6932 TRY (High: 6.2984 / Low: 5.6052). On the other end, January was the most stable month, with a tight range of 0.0783 TRY (High: 4.4284 / Low: 4.3501).

November Spread (Volatile) ±0.6932
January Spread (Stable) ±0.0783

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1299 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 5.9106) against the same month in 2019 (average: 4.2170), the exchange rate shifted by +1.6936 (+40.16%).

2020 Avg (November) 5.9106
2019 Avg (November) 4.2170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4284 4.3501 4.3860
February 4.4742 4.3070 4.3669
March 4.6320 4.3924 4.4820
April 4.9592 4.6099 4.8105
May 5.0734 4.7472 4.8869
June 4.9355 4.7823 4.8934
July 5.0812 4.9038 4.9488
August 5.4167 5.0355 5.3150
September 5.7144 5.4197 5.5279
October 6.1185 5.6885 5.8480
November 6.2984 5.6052 5.9106
December 5.8942 5.5687 5.7807