2021 TRY to LRD Historical Review

YEARLY HIGH

24.8431 LRD

YEARLY LOW

8.5192 LRD

YEARLY AVERAGE

19.4407 LRD

2021 TRY to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 24.8431. Conversely, the yearly low was recorded on December 19, dropping to 8.5192.

This high-to-low spread represents a total annual volatility of 16.3239 LRD. From a start-to-finish perspective, comparing the January average rate of 22.7409 to the December average rate of 10.7381, the exchange rate registered a net change of -52.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.8431 was down 24.40% compared to the 2020 peak of 32.8597, 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 1,242,156 LRD

2020 Average 1,381,559 LRD

Yearly Trough Low 425,961 LRD

Transaction Impact: A difference of 816,194.82 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

25.6569

9.3819

JanuMarcMayJulySeptNove

TRY to LRD 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 21.8442, compared to 17.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8070 points.

H1 Avg (Jan–Jun) 21.8442

H2 Avg (Jul–Dec) 17.0372

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.2100 LRD (High: 15.7271 / Low: 10.5172). On the other end, July was the most stable month, with a tight range of 0.5764 LRD (High: 20.3040 / Low: 19.7276).

November Spread (Volatile) ±5.2100

July Spread (Stable) ±0.5764

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 October and November, when the average rate fell by 4.1034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.1034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 24.3007) against the same month in 2020 (average: 32.4048), the exchange rate shifted by -8.1042 (-25.01%).

2021 Avg (February) 24.3007

2020 Avg (February) 32.4048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.4113	22.0687	22.7409
February	24.8431	23.3560	24.3007
March	24.0335	20.7996	22.5946
April	21.4905	20.4837	21.0991
May	20.8811	20.0087	20.4813
June	20.4488	19.5098	19.8485
July	20.3040	19.7276	19.9634
August	20.6577	19.8330	20.2505
September	20.7428	19.1673	20.0202
October	19.3259	15.7681	17.6771
November	15.7271	10.5172	13.5737
December	13.4009	8.5192	10.7381