YEARLY HIGH
16.6682 TRY
YEARLY LOW
0.0000 TRY
YEARLY AVERAGE
8.8206 TRY

2021 VEF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VEF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 16.6682. Conversely, the yearly low was recorded on January 2, dropping to 0.0000.

This high-to-low spread represents a total annual volatility of 16.6682 TRY. From a start-to-finish perspective, comparing the January average rate of 6.6805 to the December average rate of 13.4595, the exchange rate registered a net change of 101.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.6682 was up 48584553.59% compared to the 2020 peak of 0.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,341 TRY
2020 Average 0 TRY
Yearly Trough Low 0 TRY
Transaction Impact: A difference of 83,340.85 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.1374
6.0026
JanuMarcMayJulySeptNove

VEF 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 7.7819, compared to 9.8593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0775 points.

H1 Avg (Jan–Jun) 7.7819
H2 Avg (Jul–Dec) 9.8593

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 7.4866 TRY (High: 7.4866 / Low: 0.0000). On the other end, July was the most stable month, with a tight range of 0.2394 TRY (High: 8.6934 / Low: 8.4540).

January Spread (Volatile) ±7.4866
July Spread (Stable) ±0.2394

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1154 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 13.4595) against the same month in 2020 (average: 0.0000), the exchange rate shifted by +13.4594 (+43419857.70%).

2021 Avg (December) 13.4595
2020 Avg (December) 0.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.4866 0.0000 6.6805
February 7.4253 6.9618 7.1042
March 8.3295 7.2191 7.6961
April 8.4189 8.0338 8.1830
May 8.5788 8.2371 8.3898
June 8.7815 8.3868 8.6377
July 8.6934 8.4540 8.5951
August 8.6535 8.3189 8.4797
September 8.9241 8.2848 8.5717
October 9.7216 8.8521 9.2412
November 13.5065 9.5456 10.8088
December 16.6682 10.6952 13.4595