2021 TRY to EUR Historical Review

YEARLY HIGH

0.1190 EUR

YEARLY LOW

0.0534 EUR

YEARLY AVERAGE

0.0978 EUR

2021 TRY to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.1190. Conversely, the yearly low was recorded on December 19, dropping to 0.0534.

This high-to-low spread represents a total annual volatility of 0.0657 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1111 to the December average rate of 0.0666, 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 0.1190 was down 22.36% compared to the 2020 peak of 0.1533, 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 5,952 EUR

2020 Average 6,320 EUR

Yearly Trough Low 2,668 EUR

Transaction Impact: A difference of 3,283.95 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1214

0.0616

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 0.1056, compared to 0.0900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.1056

H2 Avg (Jul–Dec) 0.0900

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0292 EUR (High: 0.0826 / Low: 0.0534). On the other end, July was the most stable month, with a tight range of 0.0027 EUR (High: 0.0997 / Low: 0.0970).

December Spread (Volatile) ±0.0292

July Spread (Stable) ±0.0027

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 0.0154 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1164) against the same month in 2020 (average: 0.1510), the exchange rate shifted by -0.0346 (-22.90%).

2021 Avg (February) 0.1164

2020 Avg (February) 0.1510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1133	0.1097	0.1111
February	0.1190	0.1114	0.1164
March	0.1160	0.1024	0.1094
April	0.1045	0.0983	0.1022
May	0.1004	0.0956	0.0981
June	0.0985	0.0946	0.0962
July	0.0997	0.0970	0.0984
August	0.1018	0.0985	0.1002
September	0.1018	0.0961	0.0992
October	0.0975	0.0884	0.0934
November	0.0903	0.0653	0.0820
December	0.0826	0.0534	0.0666