2021 TRY to HKD Historical Review

YEARLY HIGH

1.1136 HKD

YEARLY LOW

0.4681 HKD

YEARLY AVERAGE

0.9011 HKD

2021 TRY to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.1136. Conversely, the yearly low was recorded on December 19, dropping to 0.4681.

This high-to-low spread represents a total annual volatility of 0.6455 HKD. From a start-to-finish perspective, comparing the January average rate of 1.0477 to the December average rate of 0.5871, the exchange rate registered a net change of -43.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1136 was down 16.09% compared to the 2020 peak of 1.3271, 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 55,682 HKD

2020 Average 55,748 HKD

Yearly Trough Low 23,405 HKD

Transaction Impact: A difference of 32,277.23 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1423

0.5366

JanuMarcMayJulySeptNove

TRY to HKD 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 0.9874, compared to 0.8148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1725 points.

H1 Avg (Jan–Jun) 0.9874

H2 Avg (Jul–Dec) 0.8148

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2612 HKD (High: 0.7293 / Low: 0.4681). On the other end, July was the most stable month, with a tight range of 0.0261 HKD (High: 0.9193 / Low: 0.8933).

December Spread (Volatile) ±0.2612

July Spread (Stable) ±0.0261

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 0.1419 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.0918) against the same month in 2020 (average: 1.2818), the exchange rate shifted by -0.1900 (-14.82%).

2021 Avg (February) 1.0918

2020 Avg (February) 1.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0646	1.0356	1.0477
February	1.1136	1.0446	1.0918
March	1.0758	0.9335	1.0107
April	0.9668	0.9219	0.9496
May	0.9428	0.9048	0.9257
June	0.9254	0.8842	0.8987
July	0.9193	0.8933	0.9040
August	0.9350	0.8994	0.9180
September	0.9383	0.8724	0.9082
October	0.8797	0.7995	0.8427
November	0.8153	0.5773	0.7290
December	0.7293	0.4681	0.5871