2020 TRY to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 60.9621. Conversely, the yearly low was recorded on November 7, dropping to 41.8768.
This high-to-low spread represents a total annual volatility of 19.0853 MRO. From a start-to-finish perspective, comparing the January average rate of 60.2558 to the December average rate of 46.3651, the exchange rate registered a net change of -23.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 60.9621 was down 11.53% compared to the 2019 peak of 68.9060, 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 2020.
TRY to MRO 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 55.2432, compared to 47.4172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.8260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 5.4430 MRO (High: 47.3199 / Low: 41.8768). On the other end, July was the most stable month, with a tight range of 1.0981 MRO (High: 52.2699 / Low: 51.1718).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.1637 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 60.2558) against the same month in 2019 (average: 66.6269), the exchange rate shifted by -6.3711 (-9.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.9621 | 59.6790 | 60.2558 |
| February | 59.7109 | 57.1868 | 58.8566 |
| March | 58.7103 | 53.9646 | 56.2878 |
| April | 53.8088 | 51.0680 | 52.1240 |
| May | 53.0095 | 49.5847 | 51.5699 |
| June | 53.2335 | 52.0651 | 52.3653 |
| July | 52.2699 | 51.1718 | 51.9573 |
| August | 51.5040 | 48.2475 | 49.0633 |
| September | 48.4350 | 45.6519 | 47.3043 |
| October | 46.0277 | 42.7709 | 44.9254 |
| November | 47.3199 | 41.8768 | 44.8880 |
| December | 48.3661 | 45.2428 | 46.3651 |