2021 TRY to JPY Historical Review

YEARLY HIGH

15.1856 JPY

YEARLY LOW

6.8106 JPY

YEARLY AVERAGE

12.6894 JPY

2021 TRY to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 15.1856. Conversely, the yearly low was recorded on December 19, dropping to 6.8106.

This high-to-low spread represents a total annual volatility of 8.3749 JPY. From a start-to-finish perspective, comparing the January average rate of 14.0257 to the December average rate of 8.5723, the exchange rate registered a net change of -38.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.1856 was down 19.29% compared to the 2020 peak of 18.8159, 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 759,278 JPY

2020 Average 768,353 JPY

Yearly Trough Low 340,531 JPY

Transaction Impact: A difference of 418,746.96 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.4757

7.9448

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 13.6896, compared to 11.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0003 points.

H1 Avg (Jan–Jun) 13.6896

H2 Avg (Jul–Dec) 11.6893

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.8864 JPY (High: 10.6970 / Low: 6.8106). On the other end, July was the most stable month, with a tight range of 0.3379 JPY (High: 12.9779 / Low: 12.6400).

December Spread (Volatile) ±3.8864

July Spread (Stable) ±0.3379

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 2.0935 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 14.8481) against the same month in 2020 (average: 18.1198), the exchange rate shifted by -3.2718 (-18.06%).

2021 Avg (February) 14.8481

2020 Avg (February) 18.1198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3789	13.8521	14.0257
February	15.1856	14.3472	14.8481
March	15.0884	13.2433	14.1609
April	13.6142	12.8144	13.3341
May	13.2000	12.8119	13.0155
June	13.0798	12.5694	12.7534
July	12.9779	12.6400	12.8295
August	13.2300	12.7489	12.9560
September	13.2689	12.4678	12.8576
October	12.5980	11.6924	12.2542
November	11.9524	8.3888	10.6658
December	10.6970	6.8106	8.5723