2021 TRY to IRR Historical Review

YEARLY HIGH

6048.0439 IRR

YEARLY LOW

2534.7668 IRR

YEARLY AVERAGE

4887.7323 IRR

2021 TRY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 6048.0439. Conversely, the yearly low was recorded on December 19, dropping to 2534.7668.

This high-to-low spread represents a total annual volatility of 3513.2771 IRR. From a start-to-finish perspective, comparing the January average rate of 5690.2727 to the December average rate of 3181.2630, the exchange rate registered a net change of -44.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6048.0439 was down 37.33% compared to the 2020 peak of 9650.7230, 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 302,402,196 IRR

2020 Average 303,100,599 IRR

Yearly Trough Low 126,738,340 IRR

Transaction Impact: A difference of 175,663,855.93 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6203.8301

2906.4841

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 5356.9574, compared to 4418.5073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 938.4501 points.

H1 Avg (Jan–Jun) 5356.9574

H2 Avg (Jul–Dec) 4418.5073

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1415.5998 IRR (High: 3950.3666 / Low: 2534.7668). On the other end, July was the most stable month, with a tight range of 143.0676 IRR (High: 4986.3970 / Low: 4843.3294).

December Spread (Volatile) ±1415.5998

July Spread (Stable) ±143.0676

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 772.7006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -772.7006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 5929.0513) against the same month in 2020 (average: 6942.2004), the exchange rate shifted by -1013.1491 (-14.59%).

2021 Avg (February) 5929.0513

2020 Avg (February) 6942.2004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5781.4302	5624.0483	5690.2727
February	6048.0439	5670.4780	5929.0513
March	5832.4445	5054.9253	5480.8582
April	5240.9819	5001.2472	5146.1436
May	5111.6291	4912.1318	5019.4312
June	5020.3892	4794.7575	4875.9874
July	4986.3970	4843.3294	4902.6594
August	5072.4587	4871.1560	4973.9845
September	5093.3209	4730.3254	4926.3942
October	4766.6655	4347.2603	4572.7791
November	4425.5992	3129.9745	3953.9636
December	3950.3666	2534.7668	3181.2630