2020 TRY to GNF Historical Review

YEARLY HIGH

1622.8251 GNF

YEARLY LOW

1144.8680 GNF

YEARLY AVERAGE

1381.4873 GNF

2020 TRY to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1622.8251. Conversely, the yearly low was recorded on November 7, dropping to 1144.8680.

This high-to-low spread represents a total annual volatility of 477.9571 GNF. From a start-to-finish perspective, comparing the January average rate of 1600.8606 to the December average rate of 1291.5895, the exchange rate registered a net change of -19.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1622.8251 was down 8.44% compared to the 2019 peak of 1772.4940, 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 81,141,257 GNF

2019 Average 81,320,146 GNF

Yearly Trough Low 57,243,402 GNF

Transaction Impact: A difference of 23,897,855.42 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1637.8671

1193.7896

JanuMarcMayJulySeptNove

TRY to GNF 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 1468.7170, compared to 1294.2577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 174.4592 points.

H1 Avg (Jan–Jun) 1468.7170

H2 Avg (Jul–Dec) 1294.2577

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 155.6530 GNF (High: 1300.5211 / Low: 1144.8680). On the other end, July was the most stable month, with a tight range of 30.9116 GNF (High: 1409.9005 / Low: 1378.9889).

November Spread (Volatile) ±155.6530

July Spread (Stable) ±30.9116

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 108.0814 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -108.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1600.8606) against the same month in 2019 (average: 1709.7157), the exchange rate shifted by -108.8551 (-6.37%).

2020 Avg (January) 1600.8606

2019 Avg (January) 1709.7157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1622.8251	1573.4704	1600.8606
February	1593.1971	1511.3653	1561.3333
March	1568.3800	1436.4746	1494.2174
April	1435.2399	1355.3127	1386.1360
May	1413.3028	1307.8253	1368.4513
June	1421.3112	1388.6239	1401.3031
July	1409.9005	1378.9889	1401.1439
August	1389.7638	1304.2970	1325.3631
September	1310.5877	1249.6200	1285.3390
October	1260.1167	1171.1075	1230.7961
November	1300.5211	1144.8680	1231.3148
December	1356.1481	1250.4934	1291.5895