YEARLY HIGH
13.8880 TRY
YEARLY LOW
9.6719 TRY
YEARLY AVERAGE
11.9988 TRY

2022 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 13.8880. Conversely, the yearly low was recorded on January 3, dropping to 9.6719.

This high-to-low spread represents a total annual volatility of 4.2161 TRY. From a start-to-finish perspective, comparing the January average rate of 10.0198 to the December average rate of 13.7975, the exchange rate registered a net change of 37.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.8880 was up 14.53% compared to the 2021 peak of 12.1263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,440 TRY
2021 Average 33,051 TRY
Yearly Trough Low 48,359 TRY
Transaction Impact: A difference of 21,080.60 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.1752
9.6420
JanuMarcMayJulySeptNove

BND 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 10.8734, compared to 13.1242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2508 points.

H1 Avg (Jan–Jun) 10.8734
H2 Avg (Jul–Dec) 13.1242

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 1.3319 TRY (High: 11.9972 / Low: 10.6653). On the other end, August was the most stable month, with a tight range of 0.1635 TRY (High: 13.1162 / Low: 12.9527).

May Spread (Volatile) ±1.3319
August Spread (Stable) ±0.1635

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0473 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 13.7975) against the same month in 2021 (average: 9.8699), the exchange rate shifted by +3.9276 (+39.79%).

2022 Avg (December) 13.7975
2021 Avg (December) 9.8699

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2589 9.6719 10.0198
February 10.4659 9.9176 10.1350
March 10.9666 10.2458 10.7599
April 10.8614 10.6785 10.7687
May 11.9972 10.6653 11.2999
June 12.5412 11.9268 12.2572
July 12.9838 12.0104 12.5169
August 13.1162 12.9527 13.0215
September 13.1416 12.7885 12.9743
October 13.2043 12.8835 13.0284
November 13.6416 13.0801 13.4067
December 13.8880 13.6916 13.7975