YEARLY HIGH
5.4819 ETB
YEARLY LOW
4.3864 ETB
YEARLY AVERAGE
4.9958 ETB

2020 TRY to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 5.4819. Conversely, the yearly low was recorded on November 8, dropping to 4.3864.

This high-to-low spread represents a total annual volatility of 1.0955 ETB. From a start-to-finish perspective, comparing the January average rate of 5.4110 to the December average rate of 5.0277, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 5.4819 was down 0.03% compared to the 2019 peak of 5.4838, 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 274,096 ETB
2019 Average 257,261 ETB
Yearly Trough Low 219,321 ETB
Transaction Impact: A difference of 54,774.71 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5.4839
4.6088
JanuMarcMayJulySeptNove

TRY to ETB 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 5.0984, compared to 4.8932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2052 points.

H1 Avg (Jan–Jun) 5.0984
H2 Avg (Jul–Dec) 4.8932

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.6586 ETB (High: 5.0450 / Low: 4.3864). On the other end, January was the most stable month, with a tight range of 0.1200 ETB (High: 5.4819 / Low: 5.3620).

November Spread (Volatile) ±0.6586
January Spread (Stable) ±0.1200

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3151 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 5.4110) against the same month in 2019 (average: 5.2928), the exchange rate shifted by +0.1182 (+2.23%).

2020 Avg (January) 5.4110
2019 Avg (January) 5.2928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4819 5.3620 5.4110
February 5.3690 5.1821 5.2916
March 5.3196 4.9752 5.1406
April 4.9986 4.6919 4.8255
May 5.0532 4.6216 4.8757
June 5.1157 4.9630 5.0461
July 5.1684 5.0375 5.1207
August 5.0880 4.8406 4.9124
September 4.9742 4.7080 4.8543
October 4.7735 4.4927 4.6817
November 5.0450 4.3864 4.7621
December 5.3295 4.8676 5.0277