2022 BOB to TRY Historical Review

YEARLY HIGH

2.7243 TRY

YEARLY LOW

1.8909 TRY

YEARLY AVERAGE

2.4020 TRY

2022 BOB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.7243. Conversely, the yearly low was recorded on January 3, dropping to 1.8909.

This high-to-low spread represents a total annual volatility of 0.8334 TRY. From a start-to-finish perspective, comparing the January average rate of 1.9641 to the December average rate of 2.6983, the exchange rate registered a net change of 37.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7243 was up 13.48% compared to the 2021 peak of 2.4007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,622 TRY

2021 Average 6,441 TRY

Yearly Trough Low 9,455 TRY

Transaction Impact: A difference of 4,166.95 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7717

1.8907

JanuMarcMayJulySeptNove

BOB 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 2.1573, compared to 2.6468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4895 points.

H1 Avg (Jan–Jun) 2.1573

H2 Avg (Jul–Dec) 2.6468

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2340 TRY (High: 2.3788 / Low: 2.1448). On the other end, December was the most stable month, with a tight range of 0.0200 TRY (High: 2.7084 / Low: 2.6884).

May Spread (Volatile) ±0.2340

December Spread (Stable) ±0.0200

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 (November 2022: 2.6938) against the same month in 2021 (average: 1.5665), the exchange rate shifted by +1.1273 (+71.97%).

2022 Avg (November) 2.6938

2021 Avg (November) 1.5665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0151	1.8909	1.9641
February	2.0621	1.9435	1.9829
March	2.1617	2.0214	2.1252
April	2.1571	2.1057	2.1364
May	2.3788	2.1448	2.2711
June	2.5236	2.3799	2.4640
July	2.6102	2.4366	2.5381
August	2.6360	2.5921	2.6113
September	2.6768	2.6334	2.6508
October	2.7218	2.6678	2.6885
November	2.7243	2.6729	2.6938
December	2.7084	2.6884	2.6983