YEARLY HIGH
9.1681 DOP
YEARLY LOW
6.8563 DOP
YEARLY AVERAGE
8.1001 DOP

2020 TRY to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 9.1681. Conversely, the yearly low was recorded on November 7, dropping to 6.8563.

This high-to-low spread represents a total annual volatility of 2.3118 DOP. From a start-to-finish perspective, comparing the January average rate of 8.9759 to the December average rate of 7.5544, the exchange rate registered a net change of -15.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.1681 was down 5.91% compared to the 2019 peak of 9.7444, 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 458,405 DOP
2019 Average 452,320 DOP
Yearly Trough Low 342,815 DOP
Transaction Impact: A difference of 115,590.01 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.1409
7.1601
JanuMarcMayJulySeptNove

TRY to DOP 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 8.4480, compared to 7.7522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6959 points.

H1 Avg (Jan–Jun) 8.4480
H2 Avg (Jul–Dec) 7.7522

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0006 DOP (High: 9.1681 / Low: 8.1675). On the other end, July was the most stable month, with a tight range of 0.1758 DOP (High: 8.5572 / Low: 8.3813).

March Spread (Volatile) ±1.0006
July Spread (Stable) ±0.1758

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.5918 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 8.5057) against the same month in 2019 (average: 9.2410), the exchange rate shifted by -0.7352 (-7.96%).

2020 Avg (March) 8.5057
2019 Avg (March) 9.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0716 8.8729 8.9759
February 8.9368 8.5884 8.8041
March 9.1681 8.1675 8.5057
April 8.1607 7.7557 7.9140
May 8.2900 7.5919 7.9833
June 8.5482 8.2555 8.5051
July 8.5572 8.3813 8.5009
August 8.4519 7.8949 8.0355
September 7.9212 7.4649 7.7444
October 7.5290 7.0051 7.3526
November 7.6482 6.8563 7.3252
December 7.8726 7.3768 7.5544