YEARLY HIGH
0.1994 NZD
YEARLY LOW
0.0891 NZD
YEARLY AVERAGE
0.1636 NZD

2021 TRY to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.1994. Conversely, the yearly low was recorded on December 19, dropping to 0.0891.

This high-to-low spread represents a total annual volatility of 0.1102 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1881 to the December average rate of 0.1109, the exchange rate registered a net change of -41.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1994 was down 26.38% compared to the 2020 peak of 0.2708, 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 9,968 NZD
2020 Average 11,101 NZD
Yearly Trough Low 4,457 NZD
Transaction Impact: A difference of 5,511.43 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2027
0.1026
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 0.1774, compared to 0.1498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.1774
H2 Avg (Jul–Dec) 0.1498

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0480 NZD (High: 0.1372 / Low: 0.0891). On the other end, July was the most stable month, with a tight range of 0.0060 NZD (High: 0.1696 / Low: 0.1636).

December Spread (Volatile) ±0.0480
July Spread (Stable) ±0.0060

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 0.0225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1944) against the same month in 2020 (average: 0.2580), the exchange rate shifted by -0.0636 (-24.65%).

2021 Avg (February) 0.1944
2020 Avg (February) 0.2580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1916 0.1856 0.1881
February 0.1994 0.1849 0.1944
March 0.1933 0.1717 0.1825
April 0.1753 0.1652 0.1717
May 0.1685 0.1609 0.1650
June 0.1673 0.1598 0.1631
July 0.1696 0.1636 0.1665
August 0.1723 0.1646 0.1691
September 0.1706 0.1606 0.1654
October 0.1629 0.1439 0.1536
November 0.1461 0.1085 0.1334
December 0.1372 0.0891 0.1109