YEARLY HIGH
2.8065 SZL
YEARLY LOW
1.8534 SZL
YEARLY AVERAGE
2.3618 SZL

2020 TRY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 2.8065. Conversely, the yearly low was recorded on November 7, dropping to 1.8534.

This high-to-low spread represents a total annual volatility of 0.9531 SZL. From a start-to-finish perspective, comparing the January average rate of 2.4231 to the December average rate of 1.9348, the exchange rate registered a net change of -20.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8065 was up 1.03% compared to the 2019 peak of 2.7779, 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 140,324 SZL
2019 Average 127,213 SZL
Yearly Trough Low 92,669 SZL
Transaction Impact: A difference of 47,655.03 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7865
1.8574
JanuMarcMayJulySeptNove

TRY to SZL 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 2.5600, compared to 2.1636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3964 points.

H1 Avg (Jan–Jun) 2.5600
H2 Avg (Jul–Dec) 2.1636

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2910 SZL (High: 2.7356 / Low: 2.4446). On the other end, February was the most stable month, with a tight range of 0.0641 SZL (High: 2.5107 / Low: 2.4465).

March Spread (Volatile) ±0.2910
February Spread (Stable) ±0.0641

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1459 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.7091) against the same month in 2019 (average: 2.4491), the exchange rate shifted by +0.2600 (+10.62%).

2020 Avg (April) 2.7091
2019 Avg (April) 2.4491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4699 2.3459 2.4231
February 2.5107 2.4465 2.4706
March 2.7356 2.4446 2.6199
April 2.8065 2.6133 2.7091
May 2.6949 2.5620 2.6252
June 2.5781 2.4441 2.5120
July 2.5202 2.3681 2.4395
August 2.5021 2.2703 2.3640
September 2.2771 2.1374 2.2182
October 2.1435 1.9528 2.0724
November 2.0497 1.8534 1.9526
December 1.9832 1.9053 1.9348