YEARLY HIGH
4.0230 TWD
YEARLY LOW
1.6690 TWD
YEARLY AVERAGE
3.2385 TWD

2021 TRY to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 4.0230. Conversely, the yearly low was recorded on December 19, dropping to 1.6690.

This high-to-low spread represents a total annual volatility of 2.3540 TWD. From a start-to-finish perspective, comparing the January average rate of 3.7829 to the December average rate of 2.0857, the exchange rate registered a net change of -44.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.0230 was down 21.24% compared to the 2020 peak of 5.1082, 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 201,151 TWD
2020 Average 211,985 TWD
Yearly Trough Low 83,450 TWD
Transaction Impact: A difference of 117,701.36 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.1178
1.9009
JanuMarcMayJulySeptNove

TRY to TWD 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 3.5629, compared to 2.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6488 points.

H1 Avg (Jan–Jun) 3.5629
H2 Avg (Jul–Dec) 2.9141

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.9204 TWD (High: 2.5894 / Low: 1.6690). On the other end, July was the most stable month, with a tight range of 0.0928 TWD (High: 3.3050 / Low: 3.2122).

December Spread (Volatile) ±0.9204
July Spread (Stable) ±0.0928

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 0.5163 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.9331) against the same month in 2020 (average: 4.9738), the exchange rate shifted by -1.0407 (-20.92%).

2021 Avg (February) 3.9331
2020 Avg (February) 4.9738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8469 3.7379 3.7829
February 4.0230 3.7533 3.9331
March 3.9342 3.4163 3.6756
April 3.5177 3.3314 3.4517
May 3.3792 3.2213 3.3216
June 3.2976 3.1728 3.2127
July 3.3050 3.2122 3.2549
August 3.3437 3.2124 3.2858
September 3.3370 3.1182 3.2333
October 3.1519 2.8649 3.0228
November 2.9140 2.0430 2.6020
December 2.5894 1.6690 2.0857