YEARLY HIGH
0.2325 BAM
YEARLY LOW
0.1044 BAM
YEARLY AVERAGE
0.1912 BAM

2021 TRY to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.2325. Conversely, the yearly low was recorded on December 19, dropping to 0.1044.

This high-to-low spread represents a total annual volatility of 0.1282 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2171 to the December average rate of 0.1302, the exchange rate registered a net change of -40.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2325 was down 22.47% compared to the 2020 peak of 0.2999, 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 11,627 BAM
2020 Average 12,369 BAM
Yearly Trough Low 5,220 BAM
Transaction Impact: A difference of 6,407.71 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2376
0.1205
JanuMarcMayJulySeptNove

TRY to BAM 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 0.2065, compared to 0.1759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.2065
H2 Avg (Jul–Dec) 0.1759

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0570 BAM (High: 0.1614 / Low: 0.1044). On the other end, July was the most stable month, with a tight range of 0.0058 BAM (High: 0.1948 / Low: 0.1890).

December Spread (Volatile) ±0.0570
July Spread (Stable) ±0.0058

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 0.0301 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2278) against the same month in 2020 (average: 0.2955), the exchange rate shifted by -0.0677 (-22.91%).

2021 Avg (February) 0.2278
2020 Avg (February) 0.2955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2212 0.2141 0.2171
February 0.2325 0.2175 0.2278
March 0.2276 0.2001 0.2139
April 0.2051 0.1920 0.2002
May 0.1972 0.1872 0.1920
June 0.1921 0.1842 0.1879
July 0.1948 0.1890 0.1923
August 0.1991 0.1916 0.1960
September 0.1994 0.1876 0.1938
October 0.1907 0.1728 0.1826
November 0.1770 0.1276 0.1603
December 0.1614 0.1044 0.1302