YEARLY HIGH
0.2134 TRY
YEARLY LOW
0.1606 TRY
YEARLY AVERAGE
0.1788 TRY

2020 MUR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.2134. Conversely, the yearly low was recorded on January 15, dropping to 0.1606.

This high-to-low spread represents a total annual volatility of 0.0528 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1619 to the December average rate of 0.1945, the exchange rate registered a net change of 20.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2134 was up 21.45% compared to the 2019 peak of 0.1757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,067 TRY
2019 Average 799 TRY
Yearly Trough Low 803 TRY
Transaction Impact: A difference of 264.15 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2033
0.1582
JanuMarcMayJulySeptNove

MUR 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 0.1678, compared to 0.1897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.1678
H2 Avg (Jul–Dec) 0.1897

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0236 TRY (High: 0.2134 / Low: 0.1898). On the other end, January was the most stable month, with a tight range of 0.0034 TRY (High: 0.1640 / Low: 0.1606).

November Spread (Volatile) ±0.0236
January Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0051 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1996) against the same month in 2019 (average: 0.1572), the exchange rate shifted by +0.0424 (+26.94%).

2020 Avg (November) 0.1996
2019 Avg (November) 0.1572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1640 0.1606 0.1619
February 0.1660 0.1613 0.1630
March 0.1685 0.1625 0.1652
April 0.1756 0.1684 0.1727
May 0.1806 0.1684 0.1735
June 0.1721 0.1682 0.1706
July 0.1763 0.1693 0.1720
August 0.1863 0.1746 0.1833
September 0.1960 0.1859 0.1897
October 0.2089 0.1947 0.1993
November 0.2134 0.1898 0.1996
December 0.1985 0.1869 0.1945