YEARLY HIGH
0.5699 PEN
YEARLY LOW
0.4213 PEN
YEARLY AVERAGE
0.5013 PEN

2020 TRY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.5699. Conversely, the yearly low was recorded on November 7, dropping to 0.4213.

This high-to-low spread represents a total annual volatility of 0.1485 PEN. From a start-to-finish perspective, comparing the January average rate of 0.5613 to the December average rate of 0.4677, the exchange rate registered a net change of -16.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5699 was down 11.30% compared to the 2019 peak of 0.6424, 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 28,493 PEN
2019 Average 29,396 PEN
Yearly Trough Low 21,067 PEN
Transaction Impact: A difference of 7,425.20 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5722
0.4416
JanuMarcMayJulySeptNove

TRY to PEN 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 0.5283, compared to 0.4743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 0.5283
H2 Avg (Jul–Dec) 0.4743

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0549 PEN (High: 0.4763 / Low: 0.4213). On the other end, June was the most stable month, with a tight range of 0.0134 PEN (High: 0.5162 / Low: 0.5028).

November Spread (Volatile) ±0.0549
June Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0533 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5499) against the same month in 2019 (average: 0.6029), the exchange rate shifted by -0.0530 (-8.80%).

2020 Avg (March) 0.5499
2019 Avg (March) 0.6029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5697 0.5538 0.5613
February 0.5662 0.5509 0.5590
March 0.5699 0.5202 0.5499
April 0.5189 0.4820 0.4966
May 0.5093 0.4720 0.4936
June 0.5162 0.5028 0.5097
July 0.5166 0.5024 0.5118
August 0.5111 0.4799 0.4892
September 0.4805 0.4590 0.4711
October 0.4661 0.4332 0.4525
November 0.4763 0.4213 0.4537
December 0.4904 0.4555 0.4677