YEARLY HIGH
1.4120 TRY
YEARLY LOW
0.6387 TRY
YEARLY AVERAGE
0.7984 TRY

2021 BWP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.4120. Conversely, the yearly low was recorded on February 17, dropping to 0.6387.

This high-to-low spread represents a total annual volatility of 0.7733 TRY. From a start-to-finish perspective, comparing the January average rate of 0.6744 to the December average rate of 1.1474, the exchange rate registered a net change of 70.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4120 was up 86.29% compared to the 2020 peak of 0.7579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,060 TRY
2020 Average 3,071 TRY
Yearly Trough Low 3,193 TRY
Transaction Impact: A difference of 3,866.38 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1969
0.6026
JanuMarcMayJulySeptNove

BWP 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 0.7268, compared to 0.8700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1431 points.

H1 Avg (Jan–Jun) 0.7268
H2 Avg (Jul–Dec) 0.8700

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.4917 TRY (High: 1.4120 / Low: 0.9203). On the other end, January was the most stable month, with a tight range of 0.0275 TRY (High: 0.6906 / Low: 0.6631).

December Spread (Volatile) ±0.4917
January Spread (Stable) ±0.0275

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 June and July, when the average rate fell by 0.0245 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.1474) against the same month in 2020 (average: 0.7070), the exchange rate shifted by +0.4404 (+62.28%).

2021 Avg (December) 1.1474
2020 Avg (December) 0.7070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6906 0.6631 0.6744
February 0.6830 0.6387 0.6521
March 0.7497 0.6597 0.6964
April 0.7817 0.7335 0.7513
May 0.8057 0.7578 0.7808
June 0.8224 0.7925 0.8059
July 0.8021 0.7653 0.7814
August 0.7829 0.7453 0.7613
September 0.7988 0.7525 0.7740
October 0.8702 0.7829 0.8215
November 1.1494 0.8340 0.9343
December 1.4120 0.9203 1.1474