YEARLY HIGH
284.9324 CDF
YEARLY LOW
120.4934 CDF
YEARLY AVERAGE
230.7756 CDF

2021 TRY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 284.9324. Conversely, the yearly low was recorded on December 19, dropping to 120.4934.

This high-to-low spread represents a total annual volatility of 164.4390 CDF. From a start-to-finish perspective, comparing the January average rate of 266.6939 to the December average rate of 150.5858, the exchange rate registered a net change of -43.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 284.9324 was down 1.09% compared to the 2020 peak of 288.0587, 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 14,246,622 CDF
2020 Average 13,230,370 CDF
Yearly Trough Low 6,024,672 CDF
Transaction Impact: A difference of 8,221,949.48 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

291.7120
137.7562
JanuMarcMayJulySeptNove

TRY to CDF 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 252.6577, compared to 208.8936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 43.7641 points.

H1 Avg (Jan–Jun) 252.6577
H2 Avg (Jul–Dec) 208.8936

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 66.6932 CDF (High: 187.1866 / Low: 120.4934). On the other end, July was the most stable month, with a tight range of 7.0295 CDF (High: 235.0710 / Low: 228.0415).

December Spread (Volatile) ±66.6932
July Spread (Stable) ±7.0295

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 37.0152 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -37.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 278.8823) against the same month in 2020 (average: 278.6939), the exchange rate shifted by +0.1884 (+0.07%).

2021 Avg (February) 278.8823
2020 Avg (February) 278.6939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 271.2507 263.5346 266.6939
February 284.9324 267.0806 278.8823
March 276.4888 238.7790 258.7346
April 248.6992 236.2170 243.1694
May 242.5611 232.5676 237.9131
June 238.1123 226.7538 230.5526
July 235.0710 228.0415 231.7891
August 238.5823 229.4788 234.5159
September 239.7096 223.5789 232.4233
October 225.9339 205.4041 216.4465
November 209.3833 148.2184 187.6010
December 187.1866 120.4934 150.5858