2020 TRY to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 153.6859. Conversely, the yearly low was recorded on November 7, dropping to 105.5718.
This high-to-low spread represents a total annual volatility of 48.1141 KPW. From a start-to-finish perspective, comparing the January average rate of 151.9053 to the December average rate of 116.8868, 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 153.6859 was down 11.53% compared to the 2019 peak of 173.7126, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TRY to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 139.2686, compared to 119.5392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.7294 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 13.7219 KPW (High: 119.2938 / Low: 105.5718). On the other end, July was the most stable month, with a tight range of 2.7683 KPW (High: 131.7728 / Low: 129.0045).
Growth Streaks & Declines
TrendsNo 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 10.4968 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 151.9053) against the same month in 2019 (average: 167.9670), the exchange rate shifted by -16.0617 (-9.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.6859 | 150.4514 | 151.9053 |
| February | 150.5317 | 144.1684 | 148.3779 |
| March | 148.0093 | 136.0451 | 141.9019 |
| April | 135.6525 | 128.7428 | 131.4051 |
| May | 133.6373 | 125.0035 | 130.0081 |
| June | 134.2022 | 131.2566 | 132.0134 |
| July | 131.7728 | 129.0045 | 130.9848 |
| August | 129.8420 | 121.6324 | 123.6889 |
| September | 122.1051 | 115.0887 | 119.2546 |
| October | 116.0362 | 107.8258 | 113.2572 |
| November | 119.2938 | 105.5718 | 113.1629 |
| December | 121.9314 | 114.0575 | 116.8868 |