2023 DOP to TRY Historical Review

YEARLY HIGH

0.5100 TRY

YEARLY LOW

0.3293 TRY

YEARLY AVERAGE

0.4242 TRY

2023 DOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5100. Conversely, the yearly low was recorded on February 4, dropping to 0.3293.

This high-to-low spread represents a total annual volatility of 0.1807 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3319 to the December average rate of 0.5076, the exchange rate registered a net change of 52.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5100 was up 45.80% compared to the 2022 peak of 0.3498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,550 TRY

2022 Average 1,512 TRY

Yearly Trough Low 1,647 TRY

Transaction Impact: A difference of 903.41 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5252

0.3143

JanuMarcMayJulySeptNove

DOP 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 0.3603, compared to 0.4882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1280 points.

H1 Avg (Jan–Jun) 0.3603

H2 Avg (Jul–Dec) 0.4882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0920 TRY (High: 0.4740 / Low: 0.3820). On the other end, January was the most stable month, with a tight range of 0.0031 TRY (High: 0.3336 / Low: 0.3305).

June Spread (Volatile) ±0.0920

January Spread (Stable) ±0.0031

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: 0.5076) against the same month in 2022 (average: 0.3370), the exchange rate shifted by +0.1705 (+50.60%).

2023 Avg (December) 0.5076

2022 Avg (December) 0.3370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3336	0.3305	0.3319
February	0.3397	0.3293	0.3355
March	0.3520	0.3401	0.3458
April	0.3599	0.3496	0.3536
May	0.3804	0.3569	0.3626
June	0.4740	0.3820	0.4321
July	0.4815	0.4668	0.4744
August	0.4827	0.4568	0.4754
September	0.4837	0.4698	0.4759
October	0.4982	0.4829	0.4910
November	0.5097	0.4988	0.5050
December	0.5100	0.5035	0.5076