YEARLY HIGH
51.2801 MRO
YEARLY LOW
0.0751 MRO
YEARLY AVERAGE
40.6654 MRO

2021 TRY to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 51.2801. Conversely, the yearly low was recorded on December 31, dropping to 0.0751.

This high-to-low spread represents a total annual volatility of 51.2051 MRO. From a start-to-finish perspective, comparing the January average rate of 48.2425 to the December average rate of 18.0779, the exchange rate registered a net change of -62.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.2801 was down 15.88% compared to the 2020 peak of 60.9621, 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 2,564,007 MRO
2020 Average 2,565,635 MRO
Yearly Trough Low 3,753 MRO
Transaction Impact: A difference of 2,560,253.97 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.4907
14.8586
JanuMarcMayJulySeptNove

TRY to MRO 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 45.4186, compared to 35.9122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.5063 points.

H1 Avg (Jan–Jun) 45.4186
H2 Avg (Jul–Dec) 35.9122

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 29.5827 MRO (High: 29.6578 / Low: 0.0751). On the other end, July was the most stable month, with a tight range of 1.1629 MRO (High: 42.2285 / Low: 41.0656).

December Spread (Volatile) ±29.5827
July Spread (Stable) ±1.1629

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 15.3296 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -15.3296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 50.2713) against the same month in 2020 (average: 58.8566), the exchange rate shifted by -8.5852 (-14.59%).

2021 Avg (February) 50.2713
2020 Avg (February) 58.8566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.0196 47.6852 48.2425
February 51.2801 48.0788 50.2713
March 49.4521 42.8597 46.4686
April 44.4372 42.4046 43.6331
May 43.3405 41.6144 42.5576
June 42.5669 40.6538 41.3381
July 42.2285 41.0656 41.5381
August 42.9141 41.2550 42.1060
September 43.0909 40.0042 41.6735
October 40.3294 36.7222 38.6703
November 37.3994 26.4317 33.4075
December 29.6578 0.0751 18.0779