2021 TRY to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TRY to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 4.0230. Conversely, the yearly low was recorded on December 19, dropping to 1.6690.
This high-to-low spread represents a total annual volatility of 2.3540 TWD. From a start-to-finish perspective, comparing the January average rate of 3.7829 to the December average rate of 2.0857, the exchange rate registered a net change of -44.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 4.0230 was down 21.24% compared to the 2020 peak of 5.1082, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TRY to TWD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5629, compared to 2.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 0.9204 TWD (High: 2.5894 / Low: 1.6690). On the other end, July was the most stable month, with a tight range of 0.0928 TWD (High: 3.3050 / Low: 3.2122).
Growth Streaks & Declines
TrendsBetween 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 0.5163 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 3.9331) against the same month in 2020 (average: 4.9738), the exchange rate shifted by -1.0407 (-20.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8469 | 3.7379 | 3.7829 |
| February | 4.0230 | 3.7533 | 3.9331 |
| March | 3.9342 | 3.4163 | 3.6756 |
| April | 3.5177 | 3.3314 | 3.4517 |
| May | 3.3792 | 3.2213 | 3.3216 |
| June | 3.2976 | 3.1728 | 3.2127 |
| July | 3.3050 | 3.2122 | 3.2549 |
| August | 3.3437 | 3.2124 | 3.2858 |
| September | 3.3370 | 3.1182 | 3.2333 |
| October | 3.1519 | 2.8649 | 3.0228 |
| November | 2.9140 | 2.0430 | 2.6020 |
| December | 2.5894 | 1.6690 | 2.0857 |