YEARLY HIGH
88.0150 CRC
YEARLY LOW
38.5534 CRC
YEARLY AVERAGE
71.9035 CRC

2021 TRY to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 88.0150. Conversely, the yearly low was recorded on December 19, dropping to 38.5534.

This high-to-low spread represents a total annual volatility of 49.4616 CRC. From a start-to-finish perspective, comparing the January average rate of 82.7249 to the December average rate of 47.9941, the exchange rate registered a net change of -41.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 88.0150 was down 9.99% compared to the 2020 peak of 97.7879, 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 4,400,751 CRC
2020 Average 4,190,835 CRC
Yearly Trough Low 1,927,670 CRC
Transaction Impact: A difference of 2,473,081.82 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

90.0070
44.1748
JanuMarcMayJulySeptNove

TRY to CRC 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 78.1215, compared to 65.6855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.4359 points.

H1 Avg (Jan–Jun) 78.1215
H2 Avg (Jul–Dec) 65.6855

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 21.5365 CRC (High: 60.0899 / Low: 38.5534). On the other end, July was the most stable month, with a tight range of 2.1854 CRC (High: 73.2924 / Low: 71.1071).

December Spread (Volatile) ±21.5365
July Spread (Stable) ±2.1854

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 11.8767 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.8767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 86.1877) against the same month in 2020 (average: 93.8378), the exchange rate shifted by -7.6501 (-8.15%).

2021 Avg (February) 86.1877
2020 Avg (February) 93.8378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 84.1575 81.2735 82.7249
February 88.0150 82.3813 86.1877
March 84.6179 73.5357 79.6188
April 76.2910 72.7490 75.0010
May 74.8692 72.0281 73.5104
June 73.8771 70.4972 71.6861
July 73.2924 71.1071 72.1160
August 74.6905 71.6275 73.2297
September 75.3480 70.1078 72.9059
October 70.7103 64.5895 67.9966
November 66.7914 46.4974 59.8709
December 60.0899 38.5534 47.9941