YEARLY HIGH
0.2239 CAD
YEARLY LOW
0.1532 CAD
YEARLY AVERAGE
0.1930 CAD

2020 TRY to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.2239. Conversely, the yearly low was recorded on November 7, dropping to 0.1532.

This high-to-low spread represents a total annual volatility of 0.0707 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2207 to the December average rate of 0.1664, the exchange rate registered a net change of -24.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2239 was down 13.08% compared to the 2019 peak of 0.2576, 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 11,196 CAD
2019 Average 11,690 CAD
Yearly Trough Low 7,661 CAD
Transaction Impact: A difference of 3,534.64 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2264
0.1588
JanuMarcMayJulySeptNove

TRY to CAD 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 0.2109, compared to 0.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 0.2109
H2 Avg (Jul–Dec) 0.1751

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0203 CAD (High: 0.1735 / Low: 0.1532). On the other end, June was the most stable month, with a tight range of 0.0043 CAD (High: 0.2015 / Low: 0.1972).

November Spread (Volatile) ±0.0203
June Spread (Stable) ±0.0043

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 July and August, when the average rate fell by 0.0147 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2196) against the same month in 2019 (average: 0.2438), the exchange rate shifted by -0.0242 (-9.93%).

2020 Avg (March) 0.2196
2019 Avg (March) 0.2438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2227 0.2171 0.2207
February 0.2223 0.2146 0.2190
March 0.2239 0.2128 0.2196
April 0.2130 0.1996 0.2052
May 0.2055 0.1962 0.2021
June 0.2015 0.1972 0.1988
July 0.1985 0.1914 0.1966
August 0.1923 0.1772 0.1820
September 0.1771 0.1712 0.1751
October 0.1713 0.1596 0.1662
November 0.1735 0.1532 0.1644
December 0.1735 0.1615 0.1664