2021 TRY to AFN Historical Review

YEARLY HIGH

11.1026 AFN

YEARLY LOW

6.1605 AFN

YEARLY AVERAGE

9.5523 AFN

2021 TRY to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 11.1026. Conversely, the yearly low was recorded on December 19, dropping to 6.1605.

This high-to-low spread represents a total annual volatility of 4.9421 AFN. From a start-to-finish perspective, comparing the January average rate of 10.4485 to the December average rate of 7.6706, the exchange rate registered a net change of -26.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.1026 was down 16.15% compared to the 2020 peak of 13.2402, 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 555,130 AFN

2020 Average 552,237 AFN

Yearly Trough Low 308,027 AFN

Transaction Impact: A difference of 247,102.86 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.2094

7.3489

JanuMarcMayJulySeptNove

TRY to AFN 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 9.8838, compared to 9.2209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6629 points.

H1 Avg (Jan–Jun) 9.8838

H2 Avg (Jul–Dec) 9.2209

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.5167 AFN (High: 9.6772 / Low: 6.1605). On the other end, January was the most stable month, with a tight range of 0.2865 AFN (High: 10.6035 / Low: 10.3170).

December Spread (Volatile) ±3.5167

January Spread (Stable) ±0.2865

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0961 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 10.8877) against the same month in 2020 (average: 12.6828), the exchange rate shifted by -1.7951 (-14.15%).

2021 Avg (February) 10.8877

2020 Avg (February) 12.6828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6035	10.3170	10.4485
February	11.1026	10.4373	10.8877
March	10.7077	9.2743	10.0832
April	9.6592	9.2419	9.4980
May	9.4615	9.0962	9.2739
June	9.3627	8.9531	9.1115
July	9.4507	9.1198	9.3072
August	10.3295	9.2195	9.8086
September	10.7064	9.8509	10.1188
October	10.2170	9.2483	9.7581
November	9.5227	7.1232	8.6620
December	9.6772	6.1605	7.6706