2020 TRY to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 19.5096. Conversely, the yearly low was recorded on November 7, dropping to 13.9075.
This high-to-low spread represents a total annual volatility of 5.6020 NPR. From a start-to-finish perspective, comparing the January average rate of 19.2360 to the December average rate of 15.2991, the exchange rate registered a net change of -20.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.5096 was down 11.49% compared to the 2019 peak of 22.0413, 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 NPR 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 18.3104, compared to 15.7414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5690 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.8281 NPR (High: 15.7357 / Low: 13.9075). On the other end, June was the most stable month, with a tight range of 0.3139 NPR (High: 17.9447 / Low: 17.6309).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 1.0541 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 19.2360) against the same month in 2019 (average: 21.0887), the exchange rate shifted by -1.8527 (-8.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.5096 | 19.0653 | 19.2360 |
| February | 19.0755 | 18.4346 | 18.8491 |
| March | 19.3531 | 18.2355 | 18.7445 |
| April | 18.5075 | 17.3208 | 17.7854 |
| May | 17.9704 | 16.8498 | 17.4734 |
| June | 17.9447 | 17.6309 | 17.7738 |
| July | 17.6684 | 17.1426 | 17.4495 |
| August | 17.3344 | 15.9386 | 16.3954 |
| September | 15.8731 | 15.0884 | 15.5619 |
| October | 15.2002 | 14.2888 | 14.8053 |
| November | 15.7357 | 13.9075 | 14.9375 |
| December | 15.8857 | 14.9523 | 15.2991 |