YEARLY HIGH
0.2899 BZD
YEARLY LOW
0.1218 BZD
YEARLY AVERAGE
0.2337 BZD

2021 TRY to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.2899. Conversely, the yearly low was recorded on December 19, dropping to 0.1218.

This high-to-low spread represents a total annual volatility of 0.1682 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2725 to the December average rate of 0.1518, the exchange rate registered a net change of -44.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2899 was down 15.75% compared to the 2020 peak of 0.3441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 14,497 BZD
2020 Average 14,479 BZD
Yearly Trough Low 6,089 BZD
Transaction Impact: A difference of 8,408.17 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2971
0.1385
JanuMarcMayJulySeptNove

TRY to BZD 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 0.2564, compared to 0.2110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 0.2564
H2 Avg (Jul–Dec) 0.2110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0667 BZD (High: 0.1885 / Low: 0.1218). On the other end, July was the most stable month, with a tight range of 0.0072 BZD (High: 0.2384 / Low: 0.2311).

December Spread (Volatile) ±0.0667
July Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0368 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2839) against the same month in 2020 (average: 0.3323), the exchange rate shifted by -0.0484 (-14.58%).

2021 Avg (February) 0.2839
2020 Avg (February) 0.3323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2765 0.2693 0.2725
February 0.2899 0.2714 0.2839
March 0.2791 0.2420 0.2623
April 0.2508 0.2386 0.2463
May 0.2447 0.2349 0.2403
June 0.2405 0.2295 0.2334
July 0.2384 0.2311 0.2344
August 0.2421 0.2329 0.2377
September 0.2433 0.2259 0.2353
October 0.2277 0.2072 0.2183
November 0.2100 0.1492 0.1886
December 0.1885 0.1218 0.1518