YEARLY HIGH
3.0787 SCR
YEARLY LOW
0.8022 SCR
YEARLY AVERAGE
1.9139 SCR

2021 TRY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 3.0787. Conversely, the yearly low was recorded on December 19, dropping to 0.8022.

This high-to-low spread represents a total annual volatility of 2.2765 SCR. From a start-to-finish perspective, comparing the January average rate of 2.8689 to the December average rate of 1.0142, the exchange rate registered a net change of -64.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0787 was up 7.16% compared to the 2020 peak of 2.8728, 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 153,933 SCR
2020 Average 121,856 SCR
Yearly Trough Low 40,108 SCR
Transaction Impact: A difference of 113,825.50 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1779
0.8175
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 2.3863, compared to 1.4415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9447 points.

H1 Avg (Jan–Jun) 2.3863
H2 Avg (Jul–Dec) 1.4415

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.8945 SCR (High: 2.5482 / Low: 1.6536). On the other end, January was the most stable month, with a tight range of 0.1163 SCR (High: 2.9486 / Low: 2.8323).

April Spread (Volatile) ±0.8945
January Spread (Stable) ±0.1163

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7280 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.9812) against the same month in 2020 (average: 2.2529), the exchange rate shifted by +0.7283 (+32.33%).

2021 Avg (February) 2.9812
2020 Avg (February) 2.2529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9486 2.8323 2.8689
February 3.0787 2.8451 2.9812
March 2.9532 2.4980 2.7556
April 2.5482 1.6536 2.0277
May 1.9766 1.7375 1.8790
June 1.9672 1.6902 1.8053
July 1.8962 1.5559 1.7214
August 1.7873 1.5219 1.6199
September 1.6416 1.4507 1.5321
October 1.6173 1.3406 1.4960
November 1.4784 1.0043 1.2656
December 1.2431 0.8022 1.0142