YEARLY HIGH
0.3441 BZD
YEARLY LOW
0.2363 BZD
YEARLY AVERAGE
0.2897 BZD

2020 TRY to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.3441. Conversely, the yearly low was recorded on November 7, dropping to 0.2363.

This high-to-low spread represents a total annual volatility of 0.1078 BZD. From a start-to-finish perspective, comparing the January average rate of 0.3402 to the December average rate of 0.2618, the exchange rate registered a net change of -23.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3441 was down 11.55% compared to the 2019 peak of 0.3891, 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 17,206 BZD
2019 Average 17,755 BZD
Yearly Trough Low 11,817 BZD
Transaction Impact: A difference of 5,388.60 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3489
0.2447
JanuMarcMayJulySeptNove

TRY to BZD 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 0.3117, compared to 0.2677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 0.3117
H2 Avg (Jul–Dec) 0.2677

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0294 BZD (High: 0.2658 / Low: 0.2363). On the other end, June was the most stable month, with a tight range of 0.0068 BZD (High: 0.3007 / Low: 0.2939).

November Spread (Volatile) ±0.0294
June Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0235 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3402) against the same month in 2019 (average: 0.3759), the exchange rate shifted by -0.0357 (-9.50%).

2020 Avg (January) 0.3402
2019 Avg (January) 0.3759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3441 0.3369 0.3402
February 0.3372 0.3227 0.3323
March 0.3316 0.3047 0.3172
April 0.3052 0.2884 0.2938
May 0.2992 0.2800 0.2911
June 0.3007 0.2939 0.2957
July 0.2951 0.2877 0.2933
August 0.2909 0.2715 0.2767
September 0.2734 0.2576 0.2671
October 0.2598 0.2415 0.2536
November 0.2658 0.2363 0.2534
December 0.2731 0.2556 0.2618