YEARLY HIGH
51.7143 HUF
YEARLY LOW
35.4379 HUF
YEARLY AVERAGE
44.2966 HUF

2020 TRY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 51.7143. Conversely, the yearly low was recorded on November 7, dropping to 35.4379.

This high-to-low spread represents a total annual volatility of 16.2764 HUF. From a start-to-finish perspective, comparing the January average rate of 50.7891 to the December average rate of 38.2992, the exchange rate registered a net change of -24.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 51.7143 was down 4.91% compared to the 2019 peak of 54.3864, 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 2,585,714 HUF
2019 Average 2,559,355 HUF
Yearly Trough Low 1,771,894 HUF
Transaction Impact: A difference of 813,819.16 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

52.2488
36.9336
JanuMarcMayJulySeptNove

TRY to HUF 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 48.4453, compared to 40.1478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2975 points.

H1 Avg (Jan–Jun) 48.4453
H2 Avg (Jul–Dec) 40.1478

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 4.6741 HUF (High: 40.1120 / Low: 35.4379). On the other end, September was the most stable month, with a tight range of 1.2097 HUF (High: 40.9933 / Low: 39.7836).

November Spread (Volatile) ±4.6741
September Spread (Stable) ±1.2097

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 July and August, when the average rate fell by 4.0961 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.0961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 50.9726) against the same month in 2019 (average: 53.1140), the exchange rate shifted by -2.1414 (-4.03%).

2020 Avg (February) 50.9726
2019 Avg (February) 53.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.6248 49.3373 50.7891
February 51.7143 49.1406 50.9726
March 51.3038 47.8628 49.2308
April 50.5441 46.0885 47.9141
May 47.5836 45.1193 46.4519
June 46.2402 44.6235 45.3135
July 45.8391 41.6627 44.6028
August 42.2824 39.5985 40.5066
September 40.9933 39.7836 40.5138
October 39.4374 37.6923 38.7546
November 40.1120 35.4379 38.2099
December 40.2729 36.9369 38.2992