2021 TRY to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TRY to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 28.2203. Conversely, the yearly low was recorded on December 19, dropping to 12.2032.
This high-to-low spread represents a total annual volatility of 16.0171 LKR. From a start-to-finish perspective, comparing the January average rate of 25.8753 to the December average rate of 15.2411, the exchange rate registered a net change of -41.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 28.2203 was down 8.81% compared to the 2020 peak of 30.9480, 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 LKR 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 24.9368, compared to 20.9861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9507 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 6.7308 LKR (High: 18.9340 / Low: 12.2032). On the other end, July was the most stable month, with a tight range of 0.7214 LKR (High: 23.5967 / Low: 22.8753).
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 3.6630 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 27.3996) against the same month in 2020 (average: 29.9365), the exchange rate shifted by -2.5369 (-8.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.6678 | 25.0160 | 25.8753 |
| February | 28.2203 | 26.1867 | 27.3996 |
| March | 27.3471 | 23.8903 | 25.6801 |
| April | 25.0105 | 23.0268 | 24.1633 |
| May | 23.9373 | 23.1335 | 23.5230 |
| June | 23.6280 | 22.6627 | 22.9794 |
| July | 23.5967 | 22.8753 | 23.1739 |
| August | 23.9613 | 23.0496 | 23.5340 |
| September | 24.1696 | 22.3864 | 23.3157 |
| October | 22.5927 | 20.7116 | 21.7478 |
| November | 21.1563 | 15.0117 | 18.9041 |
| December | 18.9340 | 12.2032 | 15.2411 |