2021 TRY to GNF Historical Review

YEARLY HIGH

1479.0712 GNF

YEARLY LOW

566.2397 GNF

YEARLY AVERAGE

1145.1316 GNF

2021 TRY to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1479.0712. Conversely, the yearly low was recorded on December 17, dropping to 566.2397.

This high-to-low spread represents a total annual volatility of 912.8316 GNF. From a start-to-finish perspective, comparing the January average rate of 1379.1623 to the December average rate of 708.3876, the exchange rate registered a net change of -48.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1479.0712 was down 8.86% compared to the 2020 peak of 1622.8251, 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 73,953,562 GNF

2020 Average 69,055,537 GNF

Yearly Trough Low 28,311,985 GNF

Transaction Impact: A difference of 45,641,577.64 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1504.7111

635.9945

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 1275.5856, compared to 1014.6775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 260.9081 points.

H1 Avg (Jan–Jun) 1275.5856

H2 Avg (Jul–Dec) 1014.6775

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 309.4364 GNF (High: 1008.1622 / Low: 698.7258). On the other end, July was the most stable month, with a tight range of 27.8769 GNF (High: 1155.0107 / Low: 1127.1338).

November Spread (Volatile) ±309.4364

July Spread (Stable) ±27.8769

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 183.6513 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -183.6513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1432.3181) against the same month in 2020 (average: 1561.3333), the exchange rate shifted by -129.0152 (-8.26%).

2021 Avg (February) 1432.3181

2020 Avg (February) 1561.3333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1405.6214	1344.4726	1379.1623
February	1479.0712	1366.4236	1432.3181
March	1390.2097	1204.3959	1310.7424
April	1245.3633	1174.9699	1218.4551
May	1204.3073	1144.0676	1175.9962
June	1170.5895	1118.7972	1136.8397
July	1155.0107	1127.1338	1141.0517
August	1175.8753	1127.3076	1153.4270
September	1181.7838	1094.1874	1141.3227
October	1102.5844	992.5756	1051.8372
November	1008.1622	698.7258	892.0389
December	874.2231	566.2397	708.3876