YEARLY HIGH
252.8001 MMK
YEARLY LOW
151.0223 MMK
YEARLY AVERAGE
198.5722 MMK

2020 TRY to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 252.8001. Conversely, the yearly low was recorded on November 7, dropping to 151.0223.

This high-to-low spread represents a total annual volatility of 101.7779 MMK. From a start-to-finish perspective, comparing the January average rate of 247.8592 to the December average rate of 173.6448, the exchange rate registered a net change of -29.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 252.8001 was down 14.09% compared to the 2019 peak of 294.2574, 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 12,640,006 MMK
2019 Average 13,407,082 MMK
Yearly Trough Low 7,551,114 MMK
Transaction Impact: A difference of 5,088,892.68 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

256.3836
154.0915
JanuMarcMayJulySeptNove

TRY to MMK 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 220.3931, compared to 176.7513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 43.6418 points.

H1 Avg (Jan–Jun) 220.3931
H2 Avg (Jul–Dec) 176.7513

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 22.7796 MMK (High: 233.5276 / Low: 210.7480). On the other end, July was the most stable month, with a tight range of 7.8042 MMK (High: 203.4305 / Low: 195.6263).

March Spread (Volatile) ±22.7796
July Spread (Stable) ±7.8042

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 18.3248 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 247.8592) against the same month in 2019 (average: 286.0684), the exchange rate shifted by -38.2091 (-13.36%).

2020 Avg (January) 247.8592
2019 Avg (January) 286.0684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 252.8001 244.5410 247.8592
February 244.6717 230.0930 239.1130
March 233.5276 210.7480 220.7882
April 214.4059 201.7875 207.4009
May 208.5038 193.3140 202.6822
June 208.4039 200.1091 204.5151
July 203.4305 195.6263 199.1571
August 196.3960 180.3409 186.5341
September 180.8502 167.1026 175.1291
October 168.4463 154.1664 162.6158
November 173.3753 151.0223 163.4273
December 180.2691 167.6321 173.6448