YEARLY HIGH
12.1464 INR
YEARLY LOW
8.6781 INR
YEARLY AVERAGE
10.6508 INR

2020 TRY to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 12.1464. Conversely, the yearly low was recorded on November 7, dropping to 8.6781.

This high-to-low spread represents a total annual volatility of 3.4682 INR. From a start-to-finish perspective, comparing the January average rate of 12.0288 to the December average rate of 9.5663, the exchange rate registered a net change of -20.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.1464 was down 11.66% compared to the 2019 peak of 13.7503, 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 607,318 INR
2019 Average 620,421 INR
Yearly Trough Low 433,907 INR
Transaction Impact: A difference of 173,410.62 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.3060
8.9796
JanuMarcMayJulySeptNove

TRY to INR 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 11.4597, compared to 9.8418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6179 points.

H1 Avg (Jan–Jun) 11.4597
H2 Avg (Jul–Dec) 9.8418

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.1441 INR (High: 9.8223 / Low: 8.6781). On the other end, January was the most stable month, with a tight range of 0.1642 INR (High: 12.1165 / Low: 11.9524).

November Spread (Volatile) ±1.1441
January Spread (Stable) ±0.1642

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.6515 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 11.7482) against the same month in 2019 (average: 12.6944), the exchange rate shifted by -0.9462 (-7.45%).

2020 Avg (March) 11.7482
2019 Avg (March) 12.6944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1165 11.9524 12.0288
February 11.9587 11.5453 11.8013
March 12.1464 11.3877 11.7482
April 11.4810 10.7873 11.1296
May 11.2092 10.5871 10.9369
June 11.1950 11.0179 11.1134
July 11.0198 10.7196 10.9018
August 10.8249 9.9699 10.2502
September 9.9319 9.4279 9.7426
October 9.4483 8.9392 9.2568
November 9.8223 8.6781 9.3331
December 9.9348 9.3518 9.5663