YEARLY HIGH
0.5992 TRY
YEARLY LOW
0.2486 TRY
YEARLY AVERAGE
0.3183 TRY

2021 TWD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TWD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5992. Conversely, the yearly low was recorded on February 15, dropping to 0.2486.

This high-to-low spread represents a total annual volatility of 0.3506 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2644 to the December average rate of 0.4856, the exchange rate registered a net change of 83.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5992 was up 100.88% compared to the 2020 peak of 0.2983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TWD based on timing:

Yearly Peak High 2,996 TRY
2020 Average 1,195 TRY
Yearly Trough Low 1,243 TRY
Transaction Impact: A difference of 1,752.97 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5088
0.2312
JanuMarcMayJulySeptNove

TWD to TRY 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 0.2822, compared to 0.3544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0722 points.

H1 Avg (Jan–Jun) 0.2822
H2 Avg (Jul–Dec) 0.3544

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2130 TRY (High: 0.5992 / Low: 0.3862). On the other end, January was the most stable month, with a tight range of 0.0076 TRY (High: 0.2675 / Low: 0.2600).

December Spread (Volatile) ±0.2130
January Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4856) against the same month in 2020 (average: 0.2733), the exchange rate shifted by +0.2123 (+77.70%).

2021 Avg (December) 0.4856
2020 Avg (December) 0.2733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2675 0.2600 0.2644
February 0.2664 0.2486 0.2544
March 0.2927 0.2542 0.2724
April 0.3002 0.2843 0.2898
May 0.3104 0.2959 0.3011
June 0.3152 0.3033 0.3113
July 0.3113 0.3026 0.3073
August 0.3113 0.2991 0.3044
September 0.3207 0.2997 0.3094
October 0.3490 0.3173 0.3312
November 0.4895 0.3432 0.3888
December 0.5992 0.3862 0.4856