YEARLY HIGH
2.8728 SCR
YEARLY LOW
1.9552 SCR
YEARLY AVERAGE
2.4366 SCR

2020 TRY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.8728. Conversely, the yearly low was recorded on March 16, dropping to 1.9552.

This high-to-low spread represents a total annual volatility of 0.9176 SCR. From a start-to-finish perspective, comparing the January average rate of 2.3061 to the December average rate of 2.7528, the exchange rate registered a net change of 19.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8728 was up 8.87% compared to the 2019 peak of 2.6387, 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 143,641 SCR
2019 Average 120,509 SCR
Yearly Trough Low 97,759 SCR
Transaction Impact: A difference of 45,882.42 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8126
2.0949
JanuMarcMayJulySeptNove

TRY to SCR 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 2.3654, compared to 2.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1423 points.

H1 Avg (Jan–Jun) 2.3654
H2 Avg (Jul–Dec) 2.5077

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.4782 SCR (High: 2.5275 / Low: 2.0493). On the other end, July was the most stable month, with a tight range of 0.0711 SCR (High: 2.6145 / Low: 2.5433).

April Spread (Volatile) ±0.4782
July Spread (Stable) ±0.0711

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1148 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.7528) against the same month in 2019 (average: 2.3392), the exchange rate shifted by +0.4136 (+17.68%).

2020 Avg (December) 2.7528
2019 Avg (December) 2.3392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3395 2.1488 2.3061
February 2.2911 2.1277 2.2529
March 2.2540 1.9552 2.1547
April 2.5275 2.0493 2.3880
May 2.6121 2.3074 2.5132
June 2.6266 2.4546 2.5776
July 2.6145 2.5433 2.5699
August 2.5726 2.4145 2.4551
September 2.4270 2.2992 2.3786
October 2.4203 2.2783 2.3260
November 2.7525 2.2893 2.5637
December 2.8728 2.6602 2.7528