2023 ANG to TRY Historical Review

YEARLY HIGH

16.3539 TRY

YEARLY LOW

10.3537 TRY

YEARLY AVERAGE

13.2071 TRY

2023 ANG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 16.3539. Conversely, the yearly low was recorded on February 5, dropping to 10.3537.

This high-to-low spread represents a total annual volatility of 6.0002 TRY. From a start-to-finish perspective, comparing the January average rate of 10.4207 to the December average rate of 16.1302, the exchange rate registered a net change of 54.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.3539 was up 56.57% compared to the 2022 peak of 10.4452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,770 TRY

2022 Average 45,991 TRY

Yearly Trough Low 51,769 TRY

Transaction Impact: A difference of 30,000.97 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.7012

9.8498

JanuMarcMayJulySeptNove

ANG 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 11.0526, compared to 15.3615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3088 points.

H1 Avg (Jan–Jun) 11.0526

H2 Avg (Jul–Dec) 15.3615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.8775 TRY (High: 14.4790 / Low: 11.6015). On the other end, January was the most stable month, with a tight range of 0.0982 TRY (High: 10.4685 / Low: 10.3703).

June Spread (Volatile) ±2.8775

January Spread (Stable) ±0.0982

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 16.1302) against the same month in 2022 (average: 10.3469), the exchange rate shifted by +5.7834 (+55.89%).

2023 Avg (December) 16.1302

2022 Avg (December) 10.3469

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4685	10.3703	10.4207
February	10.5255	10.3537	10.4577
March	10.7039	10.4422	10.5583
April	10.9377	10.6489	10.7439
May	11.5249	10.7965	10.9739
June	14.4790	11.6015	13.1613
July	15.0026	14.3774	14.7064
August	15.1089	14.3774	14.9358
September	15.2357	14.8143	14.9907
October	15.7288	15.2193	15.4844
November	16.0746	15.7273	15.9212
December	16.3539	15.9665	16.1302