YEARLY HIGH
9650.7230 IRR
YEARLY LOW
4939.0029 IRR
YEARLY AVERAGE
6063.9219 IRR

2020 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 9650.7230. Conversely, the yearly low was recorded on November 7, dropping to 4939.0029.

This high-to-low spread represents a total annual volatility of 4711.7201 IRR. From a start-to-finish perspective, comparing the January average rate of 7106.8207 to the December average rate of 5468.4719, the exchange rate registered a net change of -23.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 9650.7230 was up 18.75% compared to the 2019 peak of 8126.8534, 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 482,536,152 IRR
2019 Average 371,437,703 IRR
Yearly Trough Low 246,950,147 IRR
Transaction Impact: A difference of 235,586,005.86 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7288.0465
5113.3378
JanuMarcMayJulySeptNove

TRY to IRR 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 6516.3241, compared to 5611.5197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 904.8044 points.

H1 Avg (Jan–Jun) 6516.3241
H2 Avg (Jul–Dec) 5611.5197

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3615.4627 IRR (High: 9650.7230 / Low: 6035.2604). On the other end, June was the most stable month, with a tight range of 137.8052 IRR (High: 6278.4248 / Low: 6140.6195).

July Spread (Volatile) ±3615.4627
June Spread (Stable) ±137.8052

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 493.1895 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -493.1895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 6241.9322) against the same month in 2019 (average: 7425.4495), the exchange rate shifted by -1183.5173 (-15.94%).

2020 Avg (July) 6241.9322
2019 Avg (July) 7425.4495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7189.9399 7043.8675 7106.8207
February 7048.2878 6744.0955 6942.2004
March 6924.3673 6364.6445 6640.7372
April 6346.2756 6023.0192 6147.5477
May 6251.9999 5848.0791 6083.6938
June 6278.4248 6140.6195 6176.9450
July 9650.7230 6035.2604 6241.9322
August 6074.4428 5690.3701 5786.4870
September 5712.4832 5384.2332 5579.1130
October 5428.5604 5044.4482 5298.5506
November 5580.9607 4939.0029 5294.5635
December 5704.3570 5335.9913 5468.4719