YEARLY HIGH
1.3151 GTQ
YEARLY LOW
0.9128 GTQ
YEARLY AVERAGE
1.1098 GTQ

2020 TRY to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.3151. Conversely, the yearly low was recorded on November 7, dropping to 0.9128.

This high-to-low spread represents a total annual volatility of 0.4023 GTQ. From a start-to-finish perspective, comparing the January average rate of 1.2993 to the December average rate of 1.0137, the exchange rate registered a net change of -21.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3151 was down 12.07% compared to the 2019 peak of 1.4956, 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 65,757 GTQ
2019 Average 67,842 GTQ
Yearly Trough Low 45,641 GTQ
Transaction Impact: A difference of 20,116.66 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3313
0.9473
JanuMarcMayJulySeptNove

TRY to GTQ 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 1.1897, compared to 1.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1598 points.

H1 Avg (Jan–Jun) 1.1897
H2 Avg (Jul–Dec) 1.0299

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1191 GTQ (High: 1.0319 / Low: 0.9128). On the other end, July was the most stable month, with a tight range of 0.0234 GTQ (High: 1.1270 / Low: 1.1035).

November Spread (Volatile) ±0.1191
July Spread (Stable) ±0.0234

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 0.0869 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.2993) against the same month in 2019 (average: 1.4419), the exchange rate shifted by -0.1426 (-9.89%).

2020 Avg (January) 1.2993
2019 Avg (January) 1.4419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3151 1.2812 1.2993
February 1.2819 1.2215 1.2601
March 1.2636 1.1602 1.2124
April 1.1672 1.1035 1.1255
May 1.1416 1.0704 1.1120
June 1.1464 1.1220 1.1287
July 1.1270 1.1035 1.1203
August 1.1126 1.0404 1.0587
September 1.0483 0.9946 1.0277
October 1.0033 0.9340 0.9793
November 1.0319 0.9128 0.9796
December 1.0561 0.9896 1.0137