YEARLY HIGH
8.3361 DOP
YEARLY LOW
3.4294 DOP
YEARLY AVERAGE
6.6232 DOP

2021 TRY to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 8.3361. Conversely, the yearly low was recorded on December 19, dropping to 3.4294.

This high-to-low spread represents a total annual volatility of 4.9067 DOP. From a start-to-finish perspective, comparing the January average rate of 7.8634 to the December average rate of 4.2845, the exchange rate registered a net change of -45.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.3361 was down 9.08% compared to the 2020 peak of 9.1681, 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 416,804 DOP
2020 Average 404,937 DOP
Yearly Trough Low 171,471 DOP
Transaction Impact: A difference of 245,333.33 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.5481
3.8969
JanuMarcMayJulySeptNove

TRY to DOP 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 7.3037, compared to 5.9427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3609 points.

H1 Avg (Jan–Jun) 7.3037
H2 Avg (Jul–Dec) 5.9427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.9281 DOP (High: 5.3575 / Low: 3.4294). On the other end, January was the most stable month, with a tight range of 0.1756 DOP (High: 7.9614 / Low: 7.7858).

December Spread (Volatile) ±1.9281
January Spread (Stable) ±0.1756

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 1.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 8.1605) against the same month in 2020 (average: 8.8041), the exchange rate shifted by -0.6436 (-7.31%).

2021 Avg (February) 8.1605
2020 Avg (February) 8.8041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.9614 7.7858 7.8634
February 8.3361 7.7860 8.1605
March 7.9544 6.8304 7.4635
April 7.0814 6.7351 6.9493
May 6.9163 6.6398 6.7838
June 6.8041 6.4943 6.6015
July 6.7443 6.5379 6.6338
August 6.8380 6.5982 6.7288
September 6.8597 6.3142 6.6133
October 6.3706 5.7972 6.1055
November 5.9108 4.1872 5.2906
December 5.3575 3.4294 4.2845