YEARLY HIGH
0.1331 GBP
YEARLY LOW
0.0892 GBP
YEARLY AVERAGE
0.1122 GBP

2020 TRY to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1331. Conversely, the yearly low was recorded on November 7, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0439 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1291 to the December average rate of 0.0966, the exchange rate registered a net change of -25.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1331 was down 12.10% compared to the 2019 peak of 0.1514, 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 6,653 GBP
2019 Average 6,903 GBP
Yearly Trough Low 4,458 GBP
Transaction Impact: A difference of 2,194.99 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1325
0.0917
JanuMarcMayJulySeptNove

TRY to GBP 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 0.1227, compared to 0.1018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 0.1227
H2 Avg (Jul–Dec) 0.1018

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0112 GBP (High: 0.1331 / Low: 0.1218). On the other end, June was the most stable month, with a tight range of 0.0027 GBP (High: 0.1185 / Low: 0.1158).

March Spread (Volatile) ±0.0112
June Spread (Stable) ±0.0027

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 0.0103 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1275) against the same month in 2019 (average: 0.1385), the exchange rate shifted by -0.0110 (-7.95%).

2020 Avg (March) 0.1275
2019 Avg (March) 0.1385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1313 0.1266 0.1291
February 0.1295 0.1249 0.1271
March 0.1331 0.1218 0.1275
April 0.1216 0.1137 0.1176
May 0.1206 0.1127 0.1175
June 0.1185 0.1158 0.1172
July 0.1171 0.1093 0.1149
August 0.1103 0.1017 0.1046
September 0.1048 0.0994 0.1023
October 0.1001 0.0925 0.0970
November 0.1001 0.0892 0.0951
December 0.1002 0.0949 0.0966