2020 TRY to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2592.8952. Conversely, the yearly low was recorded on November 7, dropping to 1667.4296.
This high-to-low spread represents a total annual volatility of 925.4657 IDR. From a start-to-finish perspective, comparing the January average rate of 2315.7025 to the December average rate of 1833.1709, the exchange rate registered a net change of -20.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 2592.8952 was down 4.51% compared to the 2019 peak of 2715.4848, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TRY to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2250.0247, compared to 1927.6768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 322.3479 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 363.1885 IDR (High: 2592.8952 / Low: 2229.7067). On the other end, February was the most stable month, with a tight range of 63.4191 IDR (High: 2302.2735 / Low: 2238.8543).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 156.7122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 2389.4233) against the same month in 2019 (average: 2593.5262), the exchange rate shifted by -204.1028 (-7.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2352.2752 | 2223.9662 | 2315.7025 |
| February | 2302.2735 | 2238.8543 | 2266.5830 |
| March | 2592.8952 | 2229.7067 | 2389.4233 |
| April | 2479.5288 | 2167.1325 | 2300.9957 |
| May | 2203.6273 | 2084.5405 | 2144.2835 |
| June | 2142.3410 | 2043.2408 | 2083.1600 |
| July | 2156.8263 | 2080.9445 | 2113.8255 |
| August | 2108.2897 | 1977.8002 | 2018.6185 |
| September | 2022.1612 | 1902.5467 | 1964.8087 |
| October | 1913.3271 | 1748.0294 | 1850.4236 |
| November | 1878.5041 | 1667.4296 | 1785.2135 |
| December | 1909.0106 | 1787.0812 | 1833.1709 |