YEARLY HIGH
0.9759 TTD
YEARLY LOW
0.4108 TTD
YEARLY AVERAGE
0.7874 TTD

2021 TRY to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.9759. Conversely, the yearly low was recorded on December 19, dropping to 0.4108.

This high-to-low spread represents a total annual volatility of 0.5651 TTD. From a start-to-finish perspective, comparing the January average rate of 0.9181 to the December average rate of 0.5114, the exchange rate registered a net change of -44.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9759 was down 15.40% compared to the 2020 peak of 1.1535, 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 48,793 TTD
2020 Average 48,629 TTD
Yearly Trough Low 20,541 TTD
Transaction Impact: A difference of 28,252.52 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0002
0.4670
JanuMarcMayJulySeptNove

TRY to TTD 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 0.8637, compared to 0.7110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1528 points.

H1 Avg (Jan–Jun) 0.8637
H2 Avg (Jul–Dec) 0.7110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2249 TTD (High: 0.6357 / Low: 0.4108). On the other end, July was the most stable month, with a tight range of 0.0254 TTD (High: 0.8036 / Low: 0.7782).

December Spread (Volatile) ±0.2249
July Spread (Stable) ±0.0254

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 0.1238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.9558) against the same month in 2020 (average: 1.1143), the exchange rate shifted by -0.1586 (-14.23%).

2021 Avg (February) 0.9558
2020 Avg (February) 1.1143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9331 0.9056 0.9181
February 0.9759 0.9139 0.9558
March 0.9399 0.8159 0.8839
April 0.8464 0.8040 0.8295
May 0.8247 0.7916 0.8095
June 0.8098 0.7738 0.7857
July 0.8036 0.7782 0.7898
August 0.8160 0.7836 0.8010
September 0.8203 0.7607 0.7929
October 0.7667 0.6987 0.7356
November 0.7110 0.5013 0.6352
December 0.6357 0.4108 0.5114