2023 ARS to TRY Historical Review

YEARLY HIGH

0.1058 TRY

YEARLY LOW

0.0362 TRY

YEARLY AVERAGE

0.0868 TRY

2023 ARS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1058. Conversely, the yearly low was recorded on December 18, dropping to 0.0362.

This high-to-low spread represents a total annual volatility of 0.0696 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1032 to the December average rate of 0.0532, the exchange rate registered a net change of -48.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1058 was down 25.43% compared to the 2022 peak of 0.1418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529 TRY

2022 Average 640 TRY

Yearly Trough Low 181 TRY

Transaction Impact: A difference of 347.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1082

0.0482

JanuMarcMayJulySeptNove

ARS 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 0.0944, compared to 0.0793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.0944

H2 Avg (Jul–Dec) 0.0793

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0439 TRY (High: 0.0801 / Low: 0.0362). On the other end, November was the most stable month, with a tight range of 0.0017 TRY (High: 0.0818 / Low: 0.0801).

December Spread (Volatile) ±0.0439

November Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, 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 0.0280 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1032) against the same month in 2022 (average: 0.1303), the exchange rate shifted by -0.0271 (-20.77%).

2023 Avg (January) 0.1032

2022 Avg (January) 0.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1058	0.1006	0.1032
February	0.1005	0.0958	0.0983
March	0.0956	0.0919	0.0938
April	0.0920	0.0876	0.0899
May	0.0878	0.0845	0.0857
June	0.1025	0.0869	0.0955
July	0.1016	0.0979	0.0997
August	0.0978	0.0740	0.0847
September	0.0785	0.0764	0.0772
October	0.0809	0.0782	0.0797
November	0.0818	0.0801	0.0811
December	0.0801	0.0362	0.0532