2023 DJF to TRY Historical Review

YEARLY HIGH

0.1658 TRY

YEARLY LOW

0.1048 TRY

YEARLY AVERAGE

0.1338 TRY

2023 DJF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1658. Conversely, the yearly low was recorded on February 4, dropping to 0.1048.

This high-to-low spread represents a total annual volatility of 0.0610 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1057 to the December average rate of 0.1634, the exchange rate registered a net change of 54.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1658 was up 56.75% compared to the 2022 peak of 0.1057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 829 TRY

2022 Average 466 TRY

Yearly Trough Low 524 TRY

Transaction Impact: A difference of 304.99 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1692

0.0999

JanuMarcMayJulySeptNove

DJF 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 0.1120, compared to 0.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 0.1120

H2 Avg (Jul–Dec) 0.1556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0295 TRY (High: 0.1468 / Low: 0.1173). On the other end, January was the most stable month, with a tight range of 0.0008 TRY (High: 0.1060 / Low: 0.1051).

June Spread (Volatile) ±0.0295

January Spread (Stable) ±0.0008

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: 0.1634) against the same month in 2022 (average: 0.1049), the exchange rate shifted by +0.0585 (+55.81%).

2023 Avg (December) 0.1634

2022 Avg (December) 0.1049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1060	0.1051	0.1057
February	0.1067	0.1048	0.1059
March	0.1083	0.1059	0.1070
April	0.1107	0.1078	0.1089
May	0.1167	0.1094	0.1112
June	0.1468	0.1173	0.1333
July	0.1520	0.1455	0.1490
August	0.1531	0.1455	0.1513
September	0.1541	0.1501	0.1517
October	0.1591	0.1540	0.1568
November	0.1627	0.1591	0.1614
December	0.1658	0.1616	0.1634