YEARLY HIGH
1.3271 HKD
YEARLY LOW
0.9095 HKD
YEARLY AVERAGE
1.1153 HKD

2020 TRY to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.3271. Conversely, the yearly low was recorded on November 7, dropping to 0.9095.

This high-to-low spread represents a total annual volatility of 0.4176 HKD. From a start-to-finish perspective, comparing the January average rate of 1.3120 to the December average rate of 1.0068, the exchange rate registered a net change of -23.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3271 was down 12.37% compared to the 2019 peak of 1.5145, 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 66,357 HKD
2019 Average 69,039 HKD
Yearly Trough Low 45,476 HKD
Transaction Impact: A difference of 20,881.23 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3457
0.9411
JanuMarcMayJulySeptNove

TRY to HKD 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 1.2012, compared to 1.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1716 points.

H1 Avg (Jan–Jun) 1.2012
H2 Avg (Jul–Dec) 1.0295

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1181 HKD (High: 1.0276 / Low: 0.9095). On the other end, July was the most stable month, with a tight range of 0.0240 HKD (High: 1.1349 / Low: 1.1109).

November Spread (Volatile) ±0.1181
July Spread (Stable) ±0.0240

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 0.0926 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.3120) against the same month in 2019 (average: 1.4634), the exchange rate shifted by -0.1514 (-10.35%).

2020 Avg (January) 1.3120
2019 Avg (January) 1.4634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3271 1.2983 1.3120
February 1.2989 1.2487 1.2818
March 1.2781 1.1718 1.2244
April 1.1684 1.1089 1.1318
May 1.1513 1.0767 1.1201
June 1.1557 1.1303 1.1369
July 1.1349 1.1109 1.1281
August 1.1181 1.0475 1.0652
September 1.0516 0.9911 1.0269
October 0.9992 0.9289 0.9754
November 1.0276 0.9095 0.9748
December 1.0503 0.9824 1.0068