2021 TRY to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TRY to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 35.9608. Conversely, the yearly low was recorded on December 19, dropping to 15.0136.
This high-to-low spread represents a total annual volatility of 20.9472 YER. From a start-to-finish perspective, comparing the January average rate of 33.8352 to the December average rate of 18.8364, the exchange rate registered a net change of -44.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 35.9608 was down 15.88% compared to the 2020 peak of 42.7503, 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 YER 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 31.8433, compared to 26.2135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 8.3800 YER (High: 23.3936 / Low: 15.0136). On the other end, July was the most stable month, with a tight range of 0.8032 YER (High: 29.5836 / Low: 28.7805).
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 4.5822 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 35.2567) against the same month in 2020 (average: 41.2710), the exchange rate shifted by -6.0143 (-14.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.3824 | 33.4431 | 33.8352 |
| February | 35.9608 | 33.7225 | 35.2567 |
| March | 34.6788 | 30.0558 | 32.5889 |
| April | 31.1621 | 29.7426 | 30.6014 |
| May | 30.3991 | 29.1418 | 29.8193 |
| June | 29.8147 | 28.4691 | 28.9580 |
| July | 29.5836 | 28.7805 | 29.1136 |
| August | 30.1541 | 28.8901 | 29.5249 |
| September | 30.2783 | 28.1122 | 29.2803 |
| October | 28.2560 | 25.7364 | 27.1069 |
| November | 26.2163 | 18.5281 | 23.4186 |
| December | 23.3936 | 15.0136 | 18.8364 |