YEARLY HIGH
288.0587 CDF
YEARLY LOW
190.5167 CDF
YEARLY AVERAGE
264.6142 CDF

2020 TRY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 288.0587. Conversely, the yearly low was recorded on December 6, dropping to 190.5167.

This high-to-low spread represents a total annual volatility of 97.5420 CDF. From a start-to-finish perspective, comparing the January average rate of 284.6669 to the December average rate of 253.9008, the exchange rate registered a net change of -10.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 288.0587 was down 9.07% compared to the 2019 peak of 316.7816, 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 14,402,933 CDF
2019 Average 14,561,228 CDF
Yearly Trough Low 9,525,835 CDF
Transaction Impact: A difference of 4,877,098.20 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

288.5941
241.4680
JanuMarcMayJulySeptNove

TRY to CDF 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 269.2872, compared to 259.9413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.3460 points.

H1 Avg (Jan–Jun) 269.2872
H2 Avg (Jul–Dec) 259.9413

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 76.5765 CDF (High: 267.0932 / Low: 190.5167). On the other end, January was the most stable month, with a tight range of 6.1952 CDF (High: 287.9153 / Low: 281.7202).

December Spread (Volatile) ±76.5765
January Spread (Stable) ±6.1952

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 17.8718 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -17.8718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 283.1865) against the same month in 2019 (average: 292.7480), the exchange rate shifted by -9.5614 (-3.27%).

2020 Avg (July) 283.1865
2019 Avg (July) 292.7480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 287.9153 281.7202 284.6669
February 282.6147 271.6773 278.6939
March 279.3503 258.8336 268.7362
April 258.4272 246.5263 250.8645
May 270.5110 241.6647 258.1373
June 280.5891 268.0158 274.6244
July 288.0587 278.4507 283.1865
August 285.9094 265.0849 269.8514
September 266.1168 251.2697 260.0778
October 252.9755 228.9265 245.3952
November 260.5906 230.6158 247.2358
December 267.0932 190.5167 253.9008