YEARLY HIGH
2.1364 NAD
YEARLY LOW
0.9527 NAD
YEARLY AVERAGE
1.7098 NAD

2021 TRY to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.1364. Conversely, the yearly low was recorded on December 19, dropping to 0.9527.

This high-to-low spread represents a total annual volatility of 1.1837 NAD. From a start-to-finish perspective, comparing the January average rate of 2.0381 to the December average rate of 1.1962, the exchange rate registered a net change of -41.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1364 was down 24.19% compared to the 2020 peak of 2.8180, 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 106,822 NAD
2020 Average 118,228 NAD
Yearly Trough Low 47,636 NAD
Transaction Impact: A difference of 59,186.24 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1626
1.1084
JanuMarcMayJulySeptNove

TRY to NAD 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 1.8516, compared to 1.5679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2837 points.

H1 Avg (Jan–Jun) 1.8516
H2 Avg (Jul–Dec) 1.5679

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5068 NAD (High: 1.4595 / Low: 0.9527). On the other end, June was the most stable month, with a tight range of 0.0956 NAD (High: 1.6507 / Low: 1.5551).

December Spread (Volatile) ±0.5068
June Spread (Stable) ±0.0956

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.2477 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.0748) against the same month in 2020 (average: 2.4683), the exchange rate shifted by -0.3935 (-15.94%).

2021 Avg (February) 2.0748
2020 Avg (February) 2.4683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0804 1.9658 2.0381
February 2.1364 1.9568 2.0748
March 2.0587 1.7912 1.9502
April 1.8235 1.6986 1.7693
May 1.7485 1.6057 1.6746
June 1.6507 1.5551 1.6026
July 1.7554 1.6462 1.6915
August 1.8051 1.6606 1.7337
September 1.8009 1.6561 1.7304
October 1.7081 1.5130 1.6117
November 1.6061 1.1905 1.4440
December 1.4595 0.9527 1.1962