YEARLY HIGH
42.7851 HUF
YEARLY LOW
19.5868 HUF
YEARLY AVERAGE
35.0226 HUF

2021 TRY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 42.7851. Conversely, the yearly low was recorded on December 19, dropping to 19.5868.

This high-to-low spread represents a total annual volatility of 23.1984 HUF. From a start-to-finish perspective, comparing the January average rate of 39.9043 to the December average rate of 24.4606, the exchange rate registered a net change of -38.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 42.7851 was down 17.27% compared to the 2020 peak of 51.7143, 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 2,139,256 HUF
2020 Average 2,213,720 HUF
Yearly Trough Low 979,338 HUF
Transaction Impact: A difference of 1,159,917.68 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

43.4640
22.7330
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 37.8168, compared to 32.2284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5884 points.

H1 Avg (Jan–Jun) 37.8168
H2 Avg (Jul–Dec) 32.2284

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 10.9073 HUF (High: 30.4940 / Low: 19.5868). On the other end, January was the most stable month, with a tight range of 1.0072 HUF (High: 40.4623 / Low: 39.4552).

December Spread (Volatile) ±10.9073
January Spread (Stable) ±1.0072

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 5.4258 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.4258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 40.0147) against the same month in 2020 (average: 49.2308), the exchange rate shifted by -9.2160 (-18.72%).

2021 Avg (March) 40.0147
2020 Avg (March) 49.2308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.4623 39.4552 39.9043
February 42.6751 40.3872 41.7364
March 42.7851 37.2222 40.0147
April 37.7576 35.7267 36.8588
May 36.1517 33.2592 34.7134
June 34.3145 32.7633 33.6733
July 35.7854 34.1106 35.1434
August 35.9734 34.7727 35.2563
September 35.4240 34.2815 34.9298
October 35.0061 32.1803 33.6938
November 32.5674 23.8460 29.8864
December 30.4940 19.5868 24.4606