YEARLY HIGH
0.1150 TRY
YEARLY LOW
0.0820 TRY
YEARLY AVERAGE
0.0948 TRY

2020 BTN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1150. Conversely, the yearly low was recorded on January 9, dropping to 0.0820.

This high-to-low spread represents a total annual volatility of 0.0330 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0832 to the December average rate of 0.1046, the exchange rate registered a net change of 25.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1150 was up 29.65% compared to the 2019 peak of 0.0887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 575 TRY
2019 Average 404 TRY
Yearly Trough Low 410 TRY
Transaction Impact: A difference of 165.18 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1106
0.0807
JanuMarcMayJulySeptNove

BTN 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 0.0875, compared to 0.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.0875
H2 Avg (Jul–Dec) 0.1020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0134 TRY (High: 0.1150 / Low: 0.1017). On the other end, June was the most stable month, with a tight range of 0.0016 TRY (High: 0.0907 / Low: 0.0892).

November Spread (Volatile) ±0.0134
June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1073) against the same month in 2019 (average: 0.0804), the exchange rate shifted by +0.0269 (+33.50%).

2020 Avg (November) 0.1073
2019 Avg (November) 0.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0839 0.0820 0.0832
February 0.0868 0.0839 0.0849
March 0.0877 0.0827 0.0854
April 0.0924 0.0865 0.0900
May 0.0950 0.0890 0.0916
June 0.0907 0.0892 0.0900
July 0.0933 0.0906 0.0917
August 0.1004 0.0923 0.0976
September 0.1060 0.1008 0.1028
October 0.1120 0.1053 0.1081
November 0.1150 0.1017 0.1073
December 0.1070 0.1007 0.1046