2021 TRY to DJF Historical Review

YEARLY HIGH

25.6068 DJF

YEARLY LOW

10.7402 DJF

YEARLY AVERAGE

20.6440 DJF

2021 TRY to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 25.6068. Conversely, the yearly low was recorded on December 19, dropping to 10.7402.

This high-to-low spread represents a total annual volatility of 14.8666 DJF. From a start-to-finish perspective, comparing the January average rate of 24.0766 to the December average rate of 13.4019, the exchange rate registered a net change of -44.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 25.6068 was down 15.76% compared to the 2020 peak of 30.3957, 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 1,280,338 DJF

2020 Average 1,279,411 DJF

Yearly Trough Low 537,008 DJF

Transaction Impact: A difference of 743,330.17 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.2378

12.2350

JanuMarcMayJulySeptNove

TRY to DJF 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 22.6504, compared to 18.6377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0127 points.

H1 Avg (Jan–Jun) 22.6504

H2 Avg (Jul–Dec) 18.6377

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 5.9051 DJF (High: 16.6453 / Low: 10.7402). On the other end, July was the most stable month, with a tight range of 0.6319 DJF (High: 21.0527 / Low: 20.4208).

December Spread (Volatile) ±5.9051

July Spread (Stable) ±0.6319

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 3.2573 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.2573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 25.0709) against the same month in 2020 (average: 29.3507), the exchange rate shifted by -4.2798 (-14.58%).

2021 Avg (February) 25.0709

2020 Avg (February) 29.3507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.4276	23.7829	24.0766
February	25.6068	23.9682	25.0709
March	24.6504	21.3716	23.1694
April	22.1524	21.0842	21.7502
May	21.6126	20.7488	21.2200
June	21.2367	20.2717	20.6152
July	21.0527	20.4208	20.7044
August	21.3830	20.5681	20.9989
September	21.4893	19.9501	20.7807
October	20.1102	18.3007	19.2811
November	18.6458	13.1813	16.6592
December	16.6453	10.7402	13.4019