YEARLY HIGH
33402.4683 VEF
YEARLY LOW
0.0600 VEF
YEARLY AVERAGE
269.4570 VEF

2021 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 33402.4683. Conversely, the yearly low was recorded on December 19, dropping to 0.0600.

This high-to-low spread represents a total annual volatility of 33402.4083 VEF. From a start-to-finish perspective, comparing the January average rate of 3232.2273 to the December average rate of 0.0753, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 33402.4683 was down 21.28% compared to the 2020 peak of 42432.2817, 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 1,670,123,415 VEF
2020 Average 1,785,794,142 VEF
Yearly Trough Low 3,000 VEF
Transaction Impact: A difference of 1,670,120,415.70 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3555.4425
-323.1399
JanuMarcMayJulySeptNove

TRY to VEF 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 538.8092, compared to 0.1047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 538.7045 points.

H1 Avg (Jan–Jun) 538.8092
H2 Avg (Jul–Dec) 0.1047

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 33402.3347 VEF (High: 33402.4683 / Low: 0.1336). On the other end, July was the most stable month, with a tight range of 0.0033 VEF (High: 0.1183 / Low: 0.1150).

January Spread (Volatile) ±33402.3347
July Spread (Stable) ±0.0033

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 January and February, when the average rate fell by 3232.0864 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3232.0864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3232.2273) against the same month in 2020 (average: 41940.6621), the exchange rate shifted by -38708.4348 (-92.29%).

2021 Avg (January) 3232.2273
2020 Avg (January) 41940.6621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33402.4683 0.1336 3232.2273
February 0.1436 0.1347 0.1408
March 0.1385 0.1201 0.1302
April 0.1245 0.1188 0.1222
May 0.1214 0.1166 0.1192
June 0.1192 0.1139 0.1158
July 0.1183 0.1150 0.1164
August 0.1202 0.1156 0.1179
September 0.1207 0.1121 0.1167
October 0.1130 0.1029 0.1083
November 0.1048 0.0740 0.0936
December 0.0935 0.0600 0.0753