YEARLY HIGH
30.3957 DJF
YEARLY LOW
20.8856 DJF
YEARLY AVERAGE
25.5970 DJF

2020 TRY to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 30.3957. Conversely, the yearly low was recorded on November 7, dropping to 20.8856.

This high-to-low spread represents a total annual volatility of 9.5100 DJF. From a start-to-finish perspective, comparing the January average rate of 30.0474 to the December average rate of 23.1218, the exchange rate registered a net change of -23.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.3957 was down 11.55% compared to the 2019 peak of 34.3661, 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 1,519,783 DJF
2019 Average 1,567,846 DJF
Yearly Trough Low 1,044,282 DJF
Transaction Impact: A difference of 475,501.53 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.8136
21.6199
JanuMarcMayJulySeptNove

TRY to DJF 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 27.5481, compared to 23.6459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9022 points.

H1 Avg (Jan–Jun) 27.5481
H2 Avg (Jul–Dec) 23.6459

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 2.7120 DJF (High: 23.5977 / Low: 20.8856). On the other end, July was the most stable month, with a tight range of 0.5481 DJF (High: 26.0635 / Low: 25.5154).

November Spread (Volatile) ±2.7120
July Spread (Stable) ±0.5481

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.0762 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.0762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 30.0474) against the same month in 2019 (average: 33.0426), the exchange rate shifted by -2.9952 (-9.06%).

2020 Avg (January) 30.0474
2019 Avg (January) 33.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.3957 29.7559 30.0474
February 29.7762 28.5133 29.3507
March 29.2771 26.9143 28.0685
April 26.8366 25.4696 25.9923
May 26.4305 24.7299 25.7161
June 26.5422 25.9638 26.1135
July 26.0635 25.5154 25.9098
August 25.6882 24.0542 24.4634
September 24.1435 22.7549 23.5903
October 22.9432 21.3315 22.4038
November 23.5977 20.8856 22.3861
December 24.1200 22.5694 23.1218