YEARLY HIGH
18.8159 JPY
YEARLY LOW
12.1252 JPY
YEARLY AVERAGE
15.3743 JPY

2020 TRY to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 18.8159. Conversely, the yearly low was recorded on November 7, dropping to 12.1252.

This high-to-low spread represents a total annual volatility of 6.6908 JPY. From a start-to-finish perspective, comparing the January average rate of 18.4382 to the December average rate of 13.4742, the exchange rate registered a net change of -26.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.8159 was down 10.97% compared to the 2019 peak of 21.1350, 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 940,796 JPY
2019 Average 960,551 JPY
Yearly Trough Low 606,258 JPY
Transaction Impact: A difference of 334,538.04 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.9705
12.5827
JanuMarcMayJulySeptNove

TRY to JPY 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 16.7598, compared to 13.9888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7710 points.

H1 Avg (Jan–Jun) 16.7598
H2 Avg (Jul–Dec) 13.9888

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.6358 JPY (High: 13.7609 / Low: 12.1252). On the other end, July was the most stable month, with a tight range of 0.6808 JPY (High: 15.6866 / Low: 15.0059).

November Spread (Volatile) ±1.6358
July Spread (Stable) ±0.6808

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2207 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 18.4382) against the same month in 2019 (average: 20.3341), the exchange rate shifted by -1.8959 (-9.32%).

2020 Avg (January) 18.4382
2019 Avg (January) 20.3341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8159 18.0712 18.4382
February 18.3619 17.3138 18.1198
March 17.7139 16.2519 16.9694
April 16.2833 15.2771 15.7488
May 15.9618 14.7526 15.4918
June 16.2283 15.5370 15.7907
July 15.6866 15.0059 15.5392
August 15.2394 14.2703 14.5673
September 14.4012 13.5131 13.9953
October 13.6142 12.5383 13.2415
November 13.7609 12.1252 13.1150
December 14.0091 13.2028 13.4742