YEARLY HIGH
0.6958 MYR
YEARLY LOW
0.4843 MYR
YEARLY AVERAGE
0.6043 MYR

2020 TRY to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.6958. Conversely, the yearly low was recorded on November 7, dropping to 0.4843.

This high-to-low spread represents a total annual volatility of 0.2115 MYR. From a start-to-finish perspective, comparing the January average rate of 0.6883 to the December average rate of 0.5268, the exchange rate registered a net change of -23.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6958 was down 12.00% compared to the 2019 peak of 0.7907, 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 34,788 MYR
2019 Average 36,487 MYR
Yearly Trough Low 24,214 MYR
Transaction Impact: A difference of 10,574.41 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7055
0.4996
JanuMarcMayJulySeptNove

TRY to MYR 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 0.6566, compared to 0.5520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1046 points.

H1 Avg (Jan–Jun) 0.6566
H2 Avg (Jul–Dec) 0.5520

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0591 MYR (High: 0.5434 / Low: 0.4843). On the other end, January was the most stable month, with a tight range of 0.0122 MYR (High: 0.6958 / Low: 0.6836).

November Spread (Volatile) ±0.0591
January Spread (Stable) ±0.0122

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 July and August, when the average rate fell by 0.0451 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6883) against the same month in 2019 (average: 0.7681), the exchange rate shifted by -0.0798 (-10.39%).

2020 Avg (January) 0.6883
2019 Avg (January) 0.7681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6958 0.6836 0.6883
February 0.6916 0.6749 0.6856
March 0.6892 0.6519 0.6770
April 0.6569 0.6148 0.6351
May 0.6479 0.6006 0.6268
June 0.6375 0.6213 0.6269
July 0.6260 0.6077 0.6208
August 0.6090 0.5635 0.5757
September 0.5627 0.5321 0.5498
October 0.5366 0.4976 0.5225
November 0.5434 0.4843 0.5168
December 0.5480 0.5144 0.5268