YEARLY HIGH
35.9608 YER
YEARLY LOW
15.0136 YER
YEARLY AVERAGE
29.0284 YER

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,798,038 YER
2020 Average 1,799,081 YER
Yearly Trough Low 750,681 YER
Transaction Impact: A difference of 1,047,357.72 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

36.8987
17.1944
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 31.8433
H2 Avg (Jul–Dec) 26.2135

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±8.3800
July Spread (Stable) ±0.8032

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 4.5822 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.5822

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (February) 35.2567
2020 Avg (February) 41.2710

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