2021 TRY to DKK Historical Review

YEARLY HIGH

0.8854 DKK

YEARLY LOW

0.3968 DKK

YEARLY AVERAGE

0.7270 DKK

2021 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.8854. Conversely, the yearly low was recorded on December 19, dropping to 0.3968.

This high-to-low spread represents a total annual volatility of 0.4886 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8260 to the December average rate of 0.4951, the exchange rate registered a net change of -40.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8854 was down 22.73% compared to the 2020 peak of 1.1458, 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 44,269 DKK

2020 Average 47,130 DKK

Yearly Trough Low 19,841 DKK

Transaction Impact: A difference of 24,428.39 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9030

0.4580

JanuMarcMayJulySeptNove

TRY to DKK 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 0.7851, compared to 0.6690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1161 points.

H1 Avg (Jan–Jun) 0.7851

H2 Avg (Jul–Dec) 0.6690

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2174 DKK (High: 0.6142 / Low: 0.3968). On the other end, July was the most stable month, with a tight range of 0.0203 DKK (High: 0.7414 / Low: 0.7211).

December Spread (Volatile) ±0.2174

July Spread (Stable) ±0.0203

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 0.1146 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.8659) against the same month in 2020 (average: 1.1284), the exchange rate shifted by -0.2625 (-23.26%).

2021 Avg (February) 0.8659

2020 Avg (February) 1.1284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8424	0.8175	0.8260
February	0.8854	0.8287	0.8659
March	0.8653	0.7617	0.8135
April	0.7773	0.7306	0.7600
May	0.7464	0.7111	0.7299
June	0.7323	0.7037	0.7155
July	0.7414	0.7211	0.7317
August	0.7569	0.7323	0.7452
September	0.7569	0.7143	0.7374
October	0.7253	0.6575	0.6949
November	0.6718	0.4860	0.6097
December	0.6142	0.3968	0.4951