YEARLY HIGH
0.1376 TRY
YEARLY LOW
0.0599 TRY
YEARLY AVERAGE
0.0750 TRY

2021 NPR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1376. Conversely, the yearly low was recorded on February 17, dropping to 0.0599.

This high-to-low spread represents a total annual volatility of 0.0778 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.1116, the exchange rate registered a net change of 76.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1376 was up 91.43% compared to the 2020 peak of 0.0719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 688 TRY
2020 Average 296 TRY
Yearly Trough Low 299 TRY
Transaction Impact: A difference of 388.97 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1167
0.0560
JanuMarcMayJulySeptNove

NPR 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 0.0674, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.0674
H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0485 TRY (High: 0.1376 / Low: 0.0891). On the other end, January was the most stable month, with a tight range of 0.0014 TRY (High: 0.0639 / Low: 0.0625).

December Spread (Volatile) ±0.0485
January Spread (Stable) ±0.0014

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 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1116) against the same month in 2020 (average: 0.0654), the exchange rate shifted by +0.0462 (+70.73%).

2021 Avg (December) 0.1116
2020 Avg (December) 0.0654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0639 0.0625 0.0633
February 0.0642 0.0599 0.0611
March 0.0711 0.0619 0.0662
April 0.0705 0.0670 0.0688
May 0.0740 0.0696 0.0716
June 0.0747 0.0717 0.0734
July 0.0730 0.0711 0.0721
August 0.0729 0.0702 0.0715
September 0.0753 0.0709 0.0729
October 0.0814 0.0741 0.0771
November 0.1124 0.0797 0.0907
December 0.1376 0.0891 0.1116