2020 TRY to BTN Historical Review

YEARLY HIGH

12.1935 BTN

YEARLY LOW

8.6921 BTN

YEARLY AVERAGE

10.6411 BTN

2020 TRY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 12.1935. Conversely, the yearly low was recorded on November 7, dropping to 8.6921.

This high-to-low spread represents a total annual volatility of 3.5013 BTN. From a start-to-finish perspective, comparing the January average rate of 12.0225 to the December average rate of 9.5619, the exchange rate registered a net change of -20.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.1935 was down 11.48% compared to the 2019 peak of 13.7755, 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 609,674 BTN

2019 Average 619,980 BTN

Yearly Trough Low 434,606 BTN

Transaction Impact: A difference of 175,067.46 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.2994

8.9763

JanuMarcMayJulySeptNove

TRY to BTN 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 11.4439, compared to 9.8384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6055 points.

H1 Avg (Jan–Jun) 11.4439

H2 Avg (Jul–Dec) 9.8384

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.1427 BTN (High: 9.8348 / Low: 8.6921). On the other end, June was the most stable month, with a tight range of 0.1962 BTN (High: 11.2155 / Low: 11.0193).

November Spread (Volatile) ±1.1427

June Spread (Stable) ±0.1962

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.6588 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 12.0225) against the same month in 2019 (average: 13.1804), the exchange rate shifted by -1.1579 (-8.79%).

2020 Avg (January) 12.0225

2019 Avg (January) 13.1804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1935	11.9154	12.0225
February	11.9218	11.5217	11.7807
March	12.0957	11.3972	11.7145
April	11.5667	10.8240	11.1159
May	11.2315	10.5312	10.9209
June	11.2155	11.0193	11.1087
July	11.0428	10.7142	10.9059
August	10.8341	9.9616	10.2472
September	9.9207	9.4302	9.7261
October	9.5000	8.9305	9.2533
November	9.8348	8.6921	9.3359
December	9.9286	9.3452	9.5619