2020 TRY to MVR Historical Review

YEARLY HIGH

2.6400 MVR

YEARLY LOW

1.8065 MVR

YEARLY AVERAGE

2.2185 MVR

2020 TRY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 2.6400. Conversely, the yearly low was recorded on November 7, dropping to 1.8065.

This high-to-low spread represents a total annual volatility of 0.8335 MVR. From a start-to-finish perspective, comparing the January average rate of 2.6085 to the December average rate of 2.0018, the exchange rate registered a net change of -23.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6400 was down 11.76% compared to the 2019 peak of 2.9917, 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 131,999 MVR

2019 Average 136,085 MVR

Yearly Trough Low 90,323 MVR

Transaction Impact: A difference of 41,676.55 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6757

1.8697

JanuMarcMayJulySeptNove

TRY to MVR 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 2.3906, compared to 2.0463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3443 points.

H1 Avg (Jan–Jun) 2.3906

H2 Avg (Jul–Dec) 2.0463

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2348 MVR (High: 2.0412 / Low: 1.8065). On the other end, July was the most stable month, with a tight range of 0.0488 MVR (High: 2.2562 / Low: 2.2074).

November Spread (Volatile) ±0.2348

July Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

No 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 0.1844 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.6085) against the same month in 2019 (average: 2.8898), the exchange rate shifted by -0.2813 (-9.74%).

2020 Avg (January) 2.6085

2019 Avg (January) 2.8898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6400	2.5844	2.6085
February	2.5858	2.4845	2.5475
March	2.5523	2.3279	2.4358
April	2.3212	2.2092	2.2513
May	2.2941	2.1528	2.2353
June	2.3051	2.2459	2.2652
July	2.2562	2.2074	2.2419
August	2.2217	2.0826	2.1174
September	2.0907	1.9693	2.0413
October	1.9857	1.8462	1.9387
November	2.0412	1.8065	1.9369
December	2.0864	1.9527	2.0018