YEARLY HIGH
0.1533 EUR
YEARLY LOW
0.0988 EUR
YEARLY AVERAGE
0.1265 EUR

2020 TRY to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.1533. Conversely, the yearly low was recorded on November 7, dropping to 0.0988.

This high-to-low spread represents a total annual volatility of 0.0545 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1520 to the December average rate of 0.1067, the exchange rate registered a net change of -29.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1533 was down 9.06% compared to the 2019 peak of 0.1686, 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 7,666 EUR
2019 Average 7,867 EUR
Yearly Trough Low 4,939 EUR
Transaction Impact: A difference of 2,727.16 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1566
0.1015
JanuMarcMayJulySeptNove

TRY to EUR 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 0.1404, compared to 0.1126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.1404
H2 Avg (Jul–Dec) 0.1126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0129 EUR (High: 0.1117 / Low: 0.0988). On the other end, January was the most stable month, with a tight range of 0.0037 EUR (High: 0.1533 / Low: 0.1496).

November Spread (Volatile) ±0.0129
January Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0109 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1520) against the same month in 2019 (average: 0.1634), the exchange rate shifted by -0.0114 (-7.00%).

2020 Avg (January) 0.1520
2019 Avg (January) 0.1634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1533 0.1496 0.1520
February 0.1527 0.1453 0.1510
March 0.1477 0.1371 0.1424
April 0.1390 0.1307 0.1344
May 0.1353 0.1285 0.1322
June 0.1333 0.1291 0.1303
July 0.1299 0.1207 0.1270
August 0.1221 0.1135 0.1162
September 0.1145 0.1089 0.1124
October 0.1099 0.1026 0.1069
November 0.1117 0.0988 0.1061
December 0.1104 0.1044 0.1067