YEARLY HIGH
1.1498 SBD
YEARLY LOW
0.4856 SBD
YEARLY AVERAGE
0.9299 SBD

2021 TRY to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 1.1498. Conversely, the yearly low was recorded on December 19, dropping to 0.4856.

This high-to-low spread represents a total annual volatility of 0.6642 SBD. From a start-to-finish perspective, comparing the January average rate of 1.0817 to the December average rate of 0.6089, the exchange rate registered a net change of -43.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1498 was down 18.89% compared to the 2020 peak of 1.4175, 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 57,490 SBD
2020 Average 59,208 SBD
Yearly Trough Low 24,280 SBD
Transaction Impact: A difference of 33,210.87 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1789
0.5571
JanuMarcMayJulySeptNove

TRY to SBD 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 1.0165, compared to 0.8432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1733 points.

H1 Avg (Jan–Jun) 1.0165
H2 Avg (Jul–Dec) 0.8432

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2715 SBD (High: 0.7571 / Low: 0.4856). On the other end, July was the most stable month, with a tight range of 0.0300 SBD (High: 0.9536 / Low: 0.9236).

December Spread (Volatile) ±0.2715
July Spread (Stable) ±0.0300

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 0.1435 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.1271) against the same month in 2020 (average: 1.3607), the exchange rate shifted by -0.2336 (-17.17%).

2021 Avg (February) 1.1271
2020 Avg (February) 1.3607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1014 1.0654 1.0817
February 1.1498 1.0749 1.1271
March 1.1017 0.9582 1.0383
April 0.9934 0.9480 0.9759
May 0.9670 0.9288 0.9501
June 0.9529 0.9106 0.9260
July 0.9536 0.9236 0.9355
August 0.9690 0.9304 0.9498
September 0.9730 0.9033 0.9406
October 0.9114 0.8262 0.8721
November 0.8408 0.5971 0.7524
December 0.7571 0.4856 0.6089