YEARLY HIGH
1.6206 SEK
YEARLY LOW
1.0138 SEK
YEARLY AVERAGE
1.3294 SEK

2020 TRY to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.6206. Conversely, the yearly low was recorded on November 7, dropping to 1.0138.

This high-to-low spread represents a total annual volatility of 0.6068 SEK. From a start-to-finish perspective, comparing the January average rate of 1.6039 to the December average rate of 1.0849, the exchange rate registered a net change of -32.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6206 was down 8.33% compared to the 2019 peak of 1.7678, 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 81,028 SEK
2019 Average 83,271 SEK
Yearly Trough Low 50,689 SEK
Transaction Impact: A difference of 30,339.11 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6558
1.0330
JanuMarcMayJulySeptNove

TRY to SEK 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 1.4972, compared to 1.1615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3357 points.

H1 Avg (Jan–Jun) 1.4972
H2 Avg (Jul–Dec) 1.1615

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1273 SEK (High: 1.1410 / Low: 1.0138). On the other end, June was the most stable month, with a tight range of 0.0397 SEK (High: 1.3907 / Low: 1.3510).

November Spread (Volatile) ±0.1273
June Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1186 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.6039) against the same month in 2019 (average: 1.6776), the exchange rate shifted by -0.0737 (-4.39%).

2020 Avg (January) 1.6039
2019 Avg (January) 1.6776

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6206 1.5715 1.6039
February 1.6133 1.5393 1.5962
March 1.5925 1.4977 1.5495
April 1.5234 1.3971 1.4632
May 1.4322 1.3683 1.4043
June 1.3907 1.3510 1.3664
July 1.3604 1.2448 1.3167
August 1.2590 1.1710 1.1980
September 1.1939 1.1467 1.1721
October 1.1503 1.0599 1.1117
November 1.1410 1.0138 1.0859
December 1.1109 1.0694 1.0849