YEARLY HIGH
7.3889 GMD
YEARLY LOW
3.1719 GMD
YEARLY AVERAGE
5.9681 GMD

2021 TRY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 7.3889. Conversely, the yearly low was recorded on December 19, dropping to 3.1719.

This high-to-low spread represents a total annual volatility of 4.2170 GMD. From a start-to-finish perspective, comparing the January average rate of 6.9815 to the December average rate of 3.9534, the exchange rate registered a net change of -43.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.3889 was down 15.32% compared to the 2020 peak of 8.7259, 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 369,447 GMD
2020 Average 369,764 GMD
Yearly Trough Low 158,595 GMD
Transaction Impact: A difference of 210,851.66 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.5700
3.6246
JanuMarcMayJulySeptNove

TRY to GMD 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 6.5296, compared to 5.4066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1230 points.

H1 Avg (Jan–Jun) 6.5296
H2 Avg (Jul–Dec) 5.4066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.7380 GMD (High: 4.9099 / Low: 3.1719). On the other end, January was the most stable month, with a tight range of 0.1641 GMD (High: 7.0765 / Low: 6.9124).

December Spread (Volatile) ±1.7380
January Spread (Stable) ±0.1641

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 0.9326 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 7.2412) against the same month in 2020 (average: 8.4131), the exchange rate shifted by -1.1718 (-13.93%).

2021 Avg (February) 7.2412
2020 Avg (February) 8.4131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0765 6.9124 6.9815
February 7.3889 6.9021 7.2412
March 7.0992 6.1528 6.6775
April 6.3544 6.0709 6.2514
May 6.2158 5.9659 6.1037
June 6.1019 5.8248 5.9220
July 6.0504 5.8824 5.9509
August 6.1522 5.9109 6.0325
September 6.1776 5.7709 6.0029
October 5.8199 5.3540 5.6137
November 5.4475 3.8796 4.8860
December 4.9099 3.1719 3.9534