YEARLY HIGH
2.5148 MDL
YEARLY LOW
1.0690 MDL
YEARLY AVERAGE
2.0448 MDL

2021 TRY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 2.5148. Conversely, the yearly low was recorded on December 19, dropping to 1.0690.

This high-to-low spread represents a total annual volatility of 1.4458 MDL. From a start-to-finish perspective, comparing the January average rate of 2.3308 to the December average rate of 1.3351, the exchange rate registered a net change of -42.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5148 was down 15.50% compared to the 2020 peak of 2.9762, 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 125,740 MDL
2020 Average 124,049 MDL
Yearly Trough Low 53,452 MDL
Transaction Impact: A difference of 72,288.61 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5637
1.2234
JanuMarcMayJulySeptNove

TRY to MDL 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 2.2399, compared to 1.8497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3901 points.

H1 Avg (Jan–Jun) 2.2399
H2 Avg (Jul–Dec) 1.8497

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5981 MDL (High: 1.6671 / Low: 1.0690). On the other end, July was the most stable month, with a tight range of 0.0417 MDL (High: 2.1142 / Low: 2.0725).

December Spread (Volatile) ±0.5981
July Spread (Stable) ±0.0417

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3118 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.4520) against the same month in 2020 (average: 2.8942), the exchange rate shifted by -0.4422 (-15.28%).

2021 Avg (February) 2.4520
2020 Avg (February) 2.8942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3698 2.2989 2.3308
February 2.5148 2.3514 2.4520
March 2.4539 2.1620 2.3033
April 2.2219 2.1243 2.1869
May 2.1613 2.0515 2.1090
June 2.1121 2.0184 2.0572
July 2.1142 2.0725 2.0930
August 2.1330 2.0503 2.0844
September 2.1300 1.9735 2.0536
October 1.9806 1.7955 1.8855
November 1.8261 1.3107 1.6469
December 1.6671 1.0690 1.3351