2020 TRY to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |