YEARLY HIGH
0.2314 TRY
YEARLY LOW
0.1757 TRY
YEARLY AVERAGE
0.2102 TRY

2022 BTN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BTN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.2314. Conversely, the yearly low was recorded on January 3, dropping to 0.1757.

This high-to-low spread represents a total annual volatility of 0.0558 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1818 to the December average rate of 0.2262, the exchange rate registered a net change of 24.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2314 was up 5.09% compared to the 2021 peak of 0.2202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,157 TRY
2021 Average 601 TRY
Yearly Trough Low 878 TRY
Transaction Impact: A difference of 278.77 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2332
0.1772
JanuMarcMayJulySeptNove

BTN 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 0.1947, compared to 0.2257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 0.1947
H2 Avg (Jul–Dec) 0.2257

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0184 TRY (High: 0.2115 / Low: 0.1931). On the other end, October was the most stable month, with a tight range of 0.0038 TRY (High: 0.2277 / Low: 0.2239).

May Spread (Volatile) ±0.0184
October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0028 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.2286) against the same month in 2021 (average: 0.1166), the exchange rate shifted by +0.1120 (+96.09%).

2022 Avg (September) 0.2286
2021 Avg (September) 0.1166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1867 0.1757 0.1818
February 0.1883 0.1789 0.1821
March 0.1951 0.1836 0.1918
April 0.1955 0.1905 0.1931
May 0.2115 0.1931 0.2021
June 0.2223 0.2104 0.2174
July 0.2260 0.2122 0.2195
August 0.2291 0.2248 0.2265
September 0.2314 0.2258 0.2286
October 0.2277 0.2239 0.2257
November 0.2314 0.2245 0.2278
December 0.2294 0.2244 0.2262