YEARLY HIGH
0.0110 TRY
YEARLY LOW
0.0046 TRY
YEARLY AVERAGE
0.0058 TRY

2021 LBP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0110. Conversely, the yearly low was recorded on February 17, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0064 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0089, the exchange rate registered a net change of 81.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0110 was up 35.10% compared to the 2020 peak of 0.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55 TRY
2020 Average 23 TRY
Yearly Trough Low 23 TRY
Transaction Impact: A difference of 31.92 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0093
0.0043
JanuMarcMayJulySeptNove

LBP 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 0.0052, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0052
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0039 TRY (High: 0.0110 / Low: 0.0071). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0050 / Low: 0.0048).

December Spread (Volatile) ±0.0039
January Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0089) against the same month in 2020 (average: 0.0051), the exchange rate shifted by +0.0038 (+74.21%).

2021 Avg (December) 0.0089
2020 Avg (December) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0048 0.0049
February 0.0049 0.0046 0.0047
March 0.0055 0.0048 0.0051
April 0.0056 0.0053 0.0054
May 0.0056 0.0054 0.0055
June 0.0058 0.0055 0.0057
July 0.0058 0.0056 0.0057
August 0.0057 0.0055 0.0056
September 0.0059 0.0055 0.0056
October 0.0064 0.0058 0.0061
November 0.0089 0.0063 0.0071
December 0.0110 0.0071 0.0089