YEARLY HIGH
4.0058 UAH
YEARLY LOW
1.6465 UAH
YEARLY AVERAGE
3.1692 UAH

2021 TRY to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 4.0058. Conversely, the yearly low was recorded on December 19, dropping to 1.6465.

This high-to-low spread represents a total annual volatility of 2.3593 UAH. From a start-to-finish perspective, comparing the January average rate of 3.8131 to the December average rate of 2.0488, the exchange rate registered a net change of -46.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.0058 was down 9.30% compared to the 2020 peak of 4.4165, 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 200,291 UAH
2020 Average 192,978 UAH
Yearly Trough Low 82,326 UAH
Transaction Impact: A difference of 117,965.05 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.1137
1.8611
JanuMarcMayJulySeptNove

TRY to UAH 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 3.5349, compared to 2.8036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7313 points.

H1 Avg (Jan–Jun) 3.5349
H2 Avg (Jul–Dec) 2.8036

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.8980 UAH (High: 2.5445 / Low: 1.6465). On the other end, July was the most stable month, with a tight range of 0.0563 UAH (High: 3.1944 / Low: 3.1382).

December Spread (Volatile) ±0.8980
July Spread (Stable) ±0.0563

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4270 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.9260) against the same month in 2020 (average: 4.0530), the exchange rate shifted by -0.1269 (-3.13%).

2021 Avg (February) 3.9260
2020 Avg (February) 4.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8666 3.7597 3.8131
February 4.0058 3.7640 3.9260
March 3.8474 3.3479 3.6174
April 3.4794 3.3022 3.4108
May 3.3691 3.2044 3.2902
June 3.2245 3.1044 3.1516
July 3.1944 3.1382 3.1634
August 3.2339 3.0954 3.1581
September 3.2565 2.9802 3.1200
October 3.0060 2.7015 2.8556
November 2.7552 2.0102 2.4758
December 2.5445 1.6465 2.0488