YEARLY HIGH
1.2587 SVC
YEARLY LOW
0.5286 SVC
YEARLY AVERAGE
1.0147 SVC

2021 TRY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 1.2587. Conversely, the yearly low was recorded on December 19, dropping to 0.5286.

This high-to-low spread represents a total annual volatility of 0.7301 SVC. From a start-to-finish perspective, comparing the January average rate of 1.1830 to the December average rate of 0.6587, the exchange rate registered a net change of -44.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2587 was down 15.74% compared to the 2020 peak of 1.4938, 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 62,936 SVC
2020 Average 62,879 SVC
Yearly Trough Low 26,429 SVC
Transaction Impact: A difference of 36,506.53 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2897
0.6014
JanuMarcMayJulySeptNove

TRY to SVC 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 1.1133, compared to 0.9161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1972 points.

H1 Avg (Jan–Jun) 1.1133
H2 Avg (Jul–Dec) 0.9161

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2896 SVC (High: 0.8181 / Low: 0.5286). On the other end, January was the most stable month, with a tight range of 0.0311 SVC (High: 1.2000 / Low: 1.1689).

December Spread (Volatile) ±0.2896
January Spread (Stable) ±0.0311

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 0.1601 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.2323) against the same month in 2020 (average: 1.4426), the exchange rate shifted by -0.2102 (-14.57%).

2021 Avg (February) 1.2323
2020 Avg (February) 1.4426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2000 1.1689 1.1830
February 1.2587 1.1781 1.2323
March 1.2116 1.0505 1.1387
April 1.0888 1.0360 1.0693
May 1.0621 1.0198 1.0430
June 1.0441 0.9963 1.0133
July 1.0348 1.0033 1.0177
August 1.0510 1.0109 1.0320
September 1.0563 0.9807 1.0214
October 0.9884 0.8994 0.9477
November 0.9165 0.6479 0.8188
December 0.8181 0.5286 0.6587