YEARLY HIGH
8.2121 TRY
YEARLY LOW
3.4490 TRY
YEARLY AVERAGE
4.4059 TRY

2021 BZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 8.2121. Conversely, the yearly low was recorded on February 20, dropping to 3.4490.

This high-to-low spread represents a total annual volatility of 4.7630 TRY. From a start-to-finish perspective, comparing the January average rate of 3.6696 to the December average rate of 6.6760, the exchange rate registered a net change of 81.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.2121 was up 94.09% compared to the 2020 peak of 4.2311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,060 TRY
2020 Average 17,429 TRY
Yearly Trough Low 17,245 TRY
Transaction Impact: A difference of 23,815.21 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.9911
3.2088
JanuMarcMayJulySeptNove

BZD 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 3.9202, compared to 4.8917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9715 points.

H1 Avg (Jan–Jun) 3.9202
H2 Avg (Jul–Dec) 4.8917

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.9061 TRY (High: 8.2121 / Low: 5.3060). On the other end, January was the most stable month, with a tight range of 0.0973 TRY (High: 3.7135 / Low: 3.6162).

December Spread (Volatile) ±2.9061
January Spread (Stable) ±0.0973

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 0.1456 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.6760) against the same month in 2020 (average: 3.8210), the exchange rate shifted by +2.8549 (+74.72%).

2021 Avg (December) 6.6760
2020 Avg (December) 3.8210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7135 3.6162 3.6696
February 3.6848 3.4490 3.5240
March 4.1326 3.5827 3.8195
April 4.1905 3.9869 4.0606
May 4.2569 4.0871 4.1626
June 4.3569 4.1573 4.2848
July 4.3266 4.1952 4.2656
August 4.2939 4.1305 4.2069
September 4.4266 4.1097 4.2524
October 4.8266 4.3918 4.5853
November 6.7006 4.7620 5.3640
December 8.2121 5.3060 6.6760