2020 TRY to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 200.0400. Conversely, the yearly low was recorded on November 7, dropping to 131.6010.
This high-to-low spread represents a total annual volatility of 68.4389 KRW. From a start-to-finish perspective, comparing the January average rate of 196.8079 to the December average rate of 142.1155, the exchange rate registered a net change of -27.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 200.0400 was down 9.53% compared to the 2019 peak of 221.1129, 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 KRW 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 186.4354, compared to 153.3508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.0846 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 16.0940 KRW (High: 147.6950 / Low: 131.6010). On the other end, July was the most stable month, with a tight range of 5.1947 KRW (High: 175.7171 / Low: 170.5224).
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 13.1481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 196.9828) against the same month in 2019 (average: 212.9086), the exchange rate shifted by -15.9257 (-7.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 199.9281 | 194.1975 | 196.8079 |
| February | 200.0400 | 192.2750 | 196.9828 |
| March | 195.1155 | 184.0645 | 191.6680 |
| April | 185.0654 | 173.6512 | 178.5200 |
| May | 182.7802 | 170.7797 | 177.5954 |
| June | 181.9394 | 175.0178 | 177.0380 |
| July | 175.7171 | 170.5224 | 174.5255 |
| August | 172.1460 | 160.3572 | 163.1745 |
| September | 161.3063 | 149.4695 | 156.0941 |
| October | 150.2964 | 136.1104 | 144.0220 |
| November | 147.6950 | 131.6010 | 140.1732 |
| December | 147.8118 | 137.8030 | 142.1155 |