YEARLY HIGH
87.9399 SYP
YEARLY LOW
60.1775 SYP
YEARLY AVERAGE
73.8105 SYP

2020 TRY to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 87.9399. Conversely, the yearly low was recorded on November 7, dropping to 60.1775.

This high-to-low spread represents a total annual volatility of 27.7624 SYP. From a start-to-finish perspective, comparing the January average rate of 86.9196 to the December average rate of 66.6090, the exchange rate registered a net change of -23.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 87.9399 was down 11.53% compared to the 2019 peak of 99.4041, 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 4,396,995 SYP
2019 Average 4,538,375 SYP
Yearly Trough Low 3,008,877 SYP
Transaction Impact: A difference of 1,388,118.20 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

89.1641
62.2307
JanuMarcMayJulySeptNove

TRY to SYP 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 79.5664, compared to 68.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5119 points.

H1 Avg (Jan–Jun) 79.5664
H2 Avg (Jul–Dec) 68.0545

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 7.8165 SYP (High: 67.9940 / Low: 60.1775). On the other end, June was the most stable month, with a tight range of 1.6554 SYP (High: 76.4829 / Low: 74.8275).

November Spread (Volatile) ±7.8165
June Spread (Stable) ±1.6554

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 6.1915 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.1915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 86.9196) against the same month in 2019 (average: 96.1138), the exchange rate shifted by -9.1941 (-9.57%).

2020 Avg (January) 86.9196
2019 Avg (January) 96.1138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.9399 86.0923 86.9196
February 86.1392 82.5043 84.9066
March 84.6982 77.7737 81.1632
April 77.5634 73.4138 74.9716
May 76.1805 71.2710 74.1475
June 76.4829 74.8275 75.2899
July 75.1416 73.3715 74.6423
August 73.9168 69.1165 70.3402
September 69.3707 65.4944 67.7795
October 66.0179 61.4182 64.4751
November 67.9940 60.1775 64.4810
December 69.4842 64.9971 66.6090