2022 ETB to TRY Historical Review

YEARLY HIGH

0.3547 TRY

YEARLY LOW

0.2635 TRY

YEARLY AVERAGE

0.3182 TRY

2022 ETB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.3547. Conversely, the yearly low was recorded on January 3, dropping to 0.2635.

This high-to-low spread represents a total annual volatility of 0.0912 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2729 to the December average rate of 0.3484, the exchange rate registered a net change of 27.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3547 was up 4.37% compared to the 2021 peak of 0.3398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,773 TRY

2021 Average 1,006 TRY

Yearly Trough Low 1,317 TRY

Transaction Impact: A difference of 456.16 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3600

0.2620

JanuMarcMayJulySeptNove

ETB 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 0.2907, compared to 0.3458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0551 points.

H1 Avg (Jan–Jun) 0.2907

H2 Avg (Jul–Dec) 0.3458

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0319 TRY (High: 0.3173 / Low: 0.2854). On the other end, December was the most stable month, with a tight range of 0.0022 TRY (High: 0.3493 / Low: 0.3471).

May Spread (Volatile) ±0.0319

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and October, 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 January and February, when the average rate fell by 0.0027 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3518) against the same month in 2021 (average: 0.1976), the exchange rate shifted by +0.1543 (+78.09%).

2022 Avg (October) 0.3518

2021 Avg (October) 0.1976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2814	0.2635	0.2729
February	0.2767	0.2670	0.2702
March	0.2910	0.2715	0.2858
April	0.2891	0.2833	0.2863
May	0.3173	0.2854	0.3024
June	0.3344	0.3153	0.3265
July	0.3435	0.3212	0.3338
August	0.3466	0.3384	0.3432
September	0.3517	0.3455	0.3477
October	0.3547	0.3488	0.3518
November	0.3525	0.3472	0.3500
December	0.3493	0.3471	0.3484