YEARLY HIGH
0.1821 CAD
YEARLY LOW
0.0774 CAD
YEARLY AVERAGE
0.1454 CAD

2021 TRY to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.1821. Conversely, the yearly low was recorded on December 19, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.1047 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1720 to the December average rate of 0.0964, the exchange rate registered a net change of -43.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1821 was down 18.66% compared to the 2020 peak of 0.2239, 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 9,106 CAD
2020 Average 9,648 CAD
Yearly Trough Low 3,869 CAD
Transaction Impact: A difference of 5,236.88 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1870
0.0881
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 0.1589, compared to 0.1318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.1589
H2 Avg (Jul–Dec) 0.1318

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0424 CAD (High: 0.1198 / Low: 0.0774). On the other end, January was the most stable month, with a tight range of 0.0055 CAD (High: 0.1758 / Low: 0.1703).

December Spread (Volatile) ±0.0424
January Spread (Stable) ±0.0055

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 0.0212 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1788) against the same month in 2020 (average: 0.2190), the exchange rate shifted by -0.0402 (-18.35%).

2021 Avg (February) 0.1788
2020 Avg (February) 0.2190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1758 0.1703 0.1720
February 0.1821 0.1711 0.1788
March 0.1736 0.1515 0.1636
April 0.1562 0.1483 0.1528
May 0.1486 0.1408 0.1446
June 0.1450 0.1390 0.1416
July 0.1485 0.1417 0.1456
August 0.1517 0.1449 0.1486
September 0.1521 0.1424 0.1479
October 0.1427 0.1273 0.1348
November 0.1296 0.0946 0.1176
December 0.1198 0.0774 0.0964