2021 TRY to BBD Historical Review

YEARLY HIGH

0.2873 BBD

YEARLY LOW

0.1200 BBD

YEARLY AVERAGE

0.2319 BBD

2021 TRY to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.2873. Conversely, the yearly low was recorded on December 19, dropping to 0.1200.

This high-to-low spread represents a total annual volatility of 0.1673 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2703 to the December average rate of 0.1505, the exchange rate registered a net change of -44.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2873 was down 15.88% compared to the 2020 peak of 0.3415, 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 14,364 BBD

2020 Average 14,373 BBD

Yearly Trough Low 5,999 BBD

Transaction Impact: A difference of 8,364.75 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2947

0.1374

JanuMarcMayJulySeptNove

TRY to BBD 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 0.2544, compared to 0.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0450 points.

H1 Avg (Jan–Jun) 0.2544

H2 Avg (Jul–Dec) 0.2094

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0670 BBD (High: 0.1870 / Low: 0.1200). On the other end, July was the most stable month, with a tight range of 0.0065 BBD (High: 0.2366 / Low: 0.2301).

December Spread (Volatile) ±0.0670

July Spread (Stable) ±0.0065

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 0.0366 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2816) against the same month in 2020 (average: 0.3297), the exchange rate shifted by -0.0481 (-14.59%).

2021 Avg (February) 0.2816

2020 Avg (February) 0.3297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2746	0.2671	0.2703
February	0.2873	0.2693	0.2816
March	0.2770	0.2401	0.2603
April	0.2489	0.2376	0.2444
May	0.2428	0.2331	0.2384
June	0.2385	0.2278	0.2316
July	0.2366	0.2301	0.2327
August	0.2404	0.2311	0.2359
September	0.2414	0.2241	0.2335
October	0.2259	0.2057	0.2166
November	0.2095	0.1481	0.1872
December	0.1870	0.1200	0.1505