YEARLY HIGH
35.6494 GYD
YEARLY LOW
24.5187 GYD
YEARLY AVERAGE
30.0582 GYD

2020 TRY to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 35.6494. Conversely, the yearly low was recorded on November 7, dropping to 24.5187.

This high-to-low spread represents a total annual volatility of 11.1307 GYD. From a start-to-finish perspective, comparing the January average rate of 35.2534 to the December average rate of 27.1812, the exchange rate registered a net change of -22.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 35.6494 was down 11.76% compared to the 2019 peak of 40.4010, 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 1,782,469 GYD
2019 Average 1,840,774 GYD
Yearly Trough Low 1,225,934 GYD
Transaction Impact: A difference of 556,535.16 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

36.1491
25.4004
JanuMarcMayJulySeptNove

TRY to GYD 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 32.3380, compared to 27.7784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5597 points.

H1 Avg (Jan–Jun) 32.3380
H2 Avg (Jul–Dec) 27.7784

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 3.2045 GYD (High: 27.7232 / Low: 24.5187). On the other end, July was the most stable month, with a tight range of 0.5855 GYD (High: 30.5647 / Low: 29.9792).

November Spread (Volatile) ±3.2045
July Spread (Stable) ±0.5855

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 March and April, when the average rate fell by 2.4174 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.4174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 35.2534) against the same month in 2019 (average: 38.9980), the exchange rate shifted by -3.7446 (-9.60%).

2020 Avg (January) 35.2534
2019 Avg (January) 38.9980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.6494 34.8604 35.2534
February 35.0240 33.4177 34.4292
March 34.4411 31.6385 32.9392
April 31.6297 29.9007 30.5218
May 31.0642 29.0981 30.2089
June 31.1505 30.4688 30.6757
July 30.5647 29.9792 30.4356
August 30.1849 28.2474 28.7353
September 28.3348 26.7063 27.7024
October 26.9532 25.0679 26.3197
November 27.7232 24.5187 26.2961
December 28.3455 26.4925 27.1812