2021 TRY to MMK Historical Review

YEARLY HIGH

221.2928 MMK

YEARLY LOW

107.5329 MMK

YEARLY AVERAGE

184.6020 MMK

2021 TRY to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 221.2928. Conversely, the yearly low was recorded on December 19, dropping to 107.5329.

This high-to-low spread represents a total annual volatility of 113.7599 MMK. From a start-to-finish perspective, comparing the January average rate of 179.8053 to the December average rate of 134.0117, the exchange rate registered a net change of -25.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 221.2928 was down 12.46% compared to the 2020 peak of 252.8001, 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 11,064,642 MMK

2020 Average 9,923,521 MMK

Yearly Trough Low 5,376,647 MMK

Transaction Impact: A difference of 5,687,994.92 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

213.3018

126.8036

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 186.2466, compared to 182.9574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2892 points.

H1 Avg (Jan–Jun) 186.2466

H2 Avg (Jul–Dec) 182.9574

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 58.7118 MMK (High: 166.2448 / Low: 107.5329). On the other end, January was the most stable month, with a tight range of 4.6528 MMK (High: 182.4608 / Low: 177.8080).

December Spread (Volatile) ±58.7118

January Spread (Stable) ±4.6528

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 37.2364 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -37.2364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 204.6455) against the same month in 2020 (average: 162.6158), the exchange rate shifted by +42.0297 (+25.85%).

2021 Avg (October) 204.6455

2020 Avg (October) 162.6158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.4608	177.8080	179.8053
February	202.8125	184.3880	197.3307
March	195.2373	169.2730	183.4944
April	189.8088	168.0610	175.8525
May	196.8573	183.1016	190.3800
June	196.4227	187.4512	190.6166
July	194.6870	188.7363	191.4541
August	197.6957	190.1728	194.1305
September	219.7532	194.1446	206.0936
October	221.2928	186.8723	204.6455
November	189.2041	132.7914	167.4091
December	166.2448	107.5329	134.0117