YEARLY HIGH
0.9315 CNY
YEARLY LOW
0.3825 CNY
YEARLY AVERAGE
0.7488 CNY

2021 TRY to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.9315. Conversely, the yearly low was recorded on December 19, dropping to 0.3825.

This high-to-low spread represents a total annual volatility of 0.5490 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8750 to the December average rate of 0.4795, the exchange rate registered a net change of -45.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9315 was down 21.23% compared to the 2020 peak of 1.1826, 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 46,577 CNY
2020 Average 49,682 CNY
Yearly Trough Low 19,125 CNY
Transaction Impact: A difference of 27,451.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9535
0.4364
JanuMarcMayJulySeptNove

TRY to CNY 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 0.8235, compared to 0.6741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1494 points.

H1 Avg (Jan–Jun) 0.8235
H2 Avg (Jul–Dec) 0.6741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2129 CNY (High: 0.5954 / Low: 0.3825). On the other end, January was the most stable month, with a tight range of 0.0177 CNY (High: 0.8844 / Low: 0.8667).

December Spread (Volatile) ±0.2129
January Spread (Stable) ±0.0177

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 0.1185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.9104) against the same month in 2020 (average: 1.1533), the exchange rate shifted by -0.2430 (-21.07%).

2021 Avg (February) 0.9104
2020 Avg (February) 1.1533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8844 0.8667 0.8750
February 0.9315 0.8725 0.9104
March 0.9016 0.7890 0.8475
April 0.8119 0.7715 0.7973
May 0.7834 0.7423 0.7665
June 0.7629 0.7351 0.7440
July 0.7643 0.7446 0.7535
August 0.7766 0.7496 0.7641
September 0.7795 0.7251 0.7538
October 0.7283 0.6568 0.6956
November 0.6702 0.4712 0.5980
December 0.5954 0.3825 0.4795