YEARLY HIGH
0.2708 NZD
YEARLY LOW
0.1733 NZD
YEARLY AVERAGE
0.2221 NZD

2020 TRY to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.2708. Conversely, the yearly low was recorded on November 7, dropping to 0.1733.

This high-to-low spread represents a total annual volatility of 0.0975 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2553 to the December average rate of 0.1830, the exchange rate registered a net change of -28.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2708 was down 4.27% compared to the 2019 peak of 0.2829, 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 13,541 NZD
2019 Average 13,370 NZD
Yearly Trough Low 8,664 NZD
Transaction Impact: A difference of 4,876.99 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2687
0.1751
JanuMarcMayJulySeptNove

TRY to NZD 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 0.2470, compared to 0.1972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 0.2470
H2 Avg (Jul–Dec) 0.1972

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0211 NZD (High: 0.2548 / Low: 0.2338). On the other end, February was the most stable month, with a tight range of 0.0058 NZD (High: 0.2610 / Low: 0.2552).

April Spread (Volatile) ±0.0211
February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0179 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2609) against the same month in 2019 (average: 0.2669), the exchange rate shifted by -0.0060 (-2.25%).

2020 Avg (March) 0.2609
2019 Avg (March) 0.2669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2586 0.2496 0.2553
February 0.2610 0.2552 0.2580
March 0.2708 0.2533 0.2609
April 0.2548 0.2338 0.2430
May 0.2445 0.2294 0.2373
June 0.2336 0.2246 0.2275
July 0.2254 0.2141 0.2210
August 0.2171 0.2019 0.2081
September 0.2021 0.1937 0.1987
October 0.1946 0.1811 0.1896
November 0.1920 0.1733 0.1829
December 0.1892 0.1787 0.1830