YEARLY HIGH
200.0400 KRW
YEARLY LOW
131.6010 KRW
YEARLY AVERAGE
169.8931 KRW

2020 TRY to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 200.0400. Conversely, the yearly low was recorded on November 7, dropping to 131.6010.

This high-to-low spread represents a total annual volatility of 68.4389 KRW. From a start-to-finish perspective, comparing the January average rate of 196.8079 to the December average rate of 142.1155, the exchange rate registered a net change of -27.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 200.0400 was down 9.53% compared to the 2019 peak of 221.1129, 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 10,001,998 KRW
2019 Average 10,261,134 KRW
Yearly Trough Low 6,580,051 KRW
Transaction Impact: A difference of 3,421,946.71 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

202.6638
134.4922
JanuMarcMayJulySeptNove

TRY to KRW 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 186.4354, compared to 153.3508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.0846 points.

H1 Avg (Jan–Jun) 186.4354
H2 Avg (Jul–Dec) 153.3508

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 16.0940 KRW (High: 147.6950 / Low: 131.6010). On the other end, July was the most stable month, with a tight range of 5.1947 KRW (High: 175.7171 / Low: 170.5224).

November Spread (Volatile) ±16.0940
July Spread (Stable) ±5.1947

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 13.1481 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.1481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 196.9828) against the same month in 2019 (average: 212.9086), the exchange rate shifted by -15.9257 (-7.48%).

2020 Avg (February) 196.9828
2019 Avg (February) 212.9086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 199.9281 194.1975 196.8079
February 200.0400 192.2750 196.9828
March 195.1155 184.0645 191.6680
April 185.0654 173.6512 178.5200
May 182.7802 170.7797 177.5954
June 181.9394 175.0178 177.0380
July 175.7171 170.5224 174.5255
August 172.1460 160.3572 163.1745
September 161.3063 149.4695 156.0941
October 150.2964 136.1104 144.0220
November 147.6950 131.6010 140.1732
December 147.8118 137.8030 142.1155