2021 TRY to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TRY to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 129.2777. Conversely, the yearly low was recorded on December 19, dropping to 53.9950.
This high-to-low spread represents a total annual volatility of 75.2827 KPW. From a start-to-finish perspective, comparing the January average rate of 121.6199 to the December average rate of 67.7466, the exchange rate registered a net change of -44.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 129.2777 was down 15.88% compared to the 2020 peak of 153.6859, 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 2021.
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 114.5006, compared to 94.2304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.2702 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 30.1548 KPW (High: 84.1498 / Low: 53.9950). On the other end, July was the most stable month, with a tight range of 2.9317 KPW (High: 106.4585 / Low: 103.5268).
Growth Streaks & Declines
TrendsBetween 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 16.4741 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 126.7345) against the same month in 2020 (average: 148.3779), the exchange rate shifted by -21.6434 (-14.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 123.5788 | 120.2148 | 121.6199 |
| February | 129.2777 | 121.2072 | 126.7345 |
| March | 124.6693 | 108.0497 | 117.1477 |
| April | 112.0267 | 106.9023 | 109.9995 |
| May | 109.2618 | 104.9103 | 107.2882 |
| June | 107.3115 | 102.4886 | 104.2138 |
| July | 106.4585 | 103.5268 | 104.7178 |
| August | 108.1868 | 104.0043 | 106.1495 |
| September | 108.6327 | 100.8509 | 105.0593 |
| October | 101.6708 | 92.5770 | 97.4883 |
| November | 94.2843 | 66.6346 | 84.2207 |
| December | 84.1498 | 53.9950 | 67.7466 |