YEARLY HIGH
1.1937 SEK
YEARLY LOW
0.5490 SEK
YEARLY AVERAGE
0.9917 SEK

2021 TRY to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 1.1937. Conversely, the yearly low was recorded on December 19, dropping to 0.5490.

This high-to-low spread represents a total annual volatility of 0.6447 SEK. From a start-to-finish perspective, comparing the January average rate of 1.1216 to the December average rate of 0.6846, the exchange rate registered a net change of -38.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1937 was down 26.34% compared to the 2020 peak of 1.6206, 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 59,684 SEK
2020 Average 66,428 SEK
Yearly Trough Low 27,451 SEK
Transaction Impact: A difference of 32,233.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2233
0.6356
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 1.0692, compared to 0.9142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1550 points.

H1 Avg (Jan–Jun) 1.0692
H2 Avg (Jul–Dec) 0.9142

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3045 SEK (High: 0.8535 / Low: 0.5490). On the other end, August was the most stable month, with a tight range of 0.0342 SEK (High: 1.0389 / Low: 1.0047).

December Spread (Volatile) ±0.3045
August Spread (Stable) ±0.0342

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 0.1412 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.1743) against the same month in 2020 (average: 1.5962), the exchange rate shifted by -0.4218 (-26.43%).

2021 Avg (February) 1.1743
2020 Avg (February) 1.5962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1507 1.1015 1.1216
February 1.1937 1.1307 1.1743
March 1.1754 1.0484 1.1112
April 1.0728 0.9970 1.0392
May 1.0209 0.9688 0.9952
June 0.9929 0.9539 0.9735
July 1.0188 0.9824 1.0036
August 1.0389 1.0047 1.0238
September 1.0383 0.9740 1.0085
October 0.9918 0.8831 0.9386
November 0.9069 0.6684 0.8258
December 0.8535 0.5490 0.6846