YEARLY HIGH
0.2176 TRY
YEARLY LOW
0.1258 TRY
YEARLY AVERAGE
0.1850 TRY

2022 AFN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.2176. Conversely, the yearly low was recorded on January 12, dropping to 0.1258.

This high-to-low spread represents a total annual volatility of 0.0918 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1294 to the December average rate of 0.2133, the exchange rate registered a net change of 64.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2176 was up 34.04% compared to the 2021 peak of 0.1623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,088 TRY
2021 Average 529 TRY
Yearly Trough Low 629 TRY
Transaction Impact: A difference of 459.10 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2221
0.1210
JanuMarcMayJulySeptNove

AFN 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 0.1628, compared to 0.2073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0445 points.

H1 Avg (Jan–Jun) 0.1628
H2 Avg (Jul–Dec) 0.2073

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0198 TRY (High: 0.1538 / Low: 0.1340). On the other end, November was the most stable month, with a tight range of 0.0047 TRY (High: 0.2135 / Low: 0.2088).

February Spread (Volatile) ±0.0198
November Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.2137) against the same month in 2021 (average: 0.1026), the exchange rate shifted by +0.1111 (+108.28%).

2022 Avg (October) 0.2137
2021 Avg (October) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1321 0.1258 0.1294
February 0.1538 0.1340 0.1464
March 0.1709 0.1514 0.1648
April 0.1731 0.1650 0.1682
May 0.1848 0.1721 0.1771
June 0.1947 0.1838 0.1906
July 0.2002 0.1910 0.1967
August 0.2067 0.1968 0.2017
September 0.2105 0.2045 0.2069
October 0.2176 0.2091 0.2137
November 0.2135 0.2088 0.2116
December 0.2163 0.2106 0.2133