2022 FKP to TRY Historical Review

YEARLY HIGH

23.1379 TRY

YEARLY LOW

17.6107 TRY

YEARLY AVERAGE

20.3563 TRY

2022 FKP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 23.1379. Conversely, the yearly low was recorded on January 3, dropping to 17.6107.

This high-to-low spread represents a total annual volatility of 5.5272 TRY. From a start-to-finish perspective, comparing the January average rate of 18.3419 to the December average rate of 22.7061, the exchange rate registered a net change of 23.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.1379 was up 4.93% compared to the 2021 peak of 22.0503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115,689 TRY

2021 Average 61,031 TRY

Yearly Trough Low 88,054 TRY

Transaction Impact: A difference of 27,635.83 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

23.1425

17.9055

JanuMarcMayJulySeptNove

FKP 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 19.2392, compared to 21.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2343 points.

H1 Avg (Jan–Jun) 19.2392

H2 Avg (Jul–Dec) 21.4734

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 2.3384 TRY (High: 20.7245 / Low: 18.3860). On the other end, December was the most stable month, with a tight range of 0.6918 TRY (High: 23.1379 / Low: 22.4461).

May Spread (Volatile) ±2.3384

December Spread (Stable) ±0.6918

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8222 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 22.7061) against the same month in 2021 (average: 17.9047), the exchange rate shifted by +4.8014 (+26.82%).

2022 Avg (December) 22.7061

2021 Avg (December) 17.9047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8541	17.6107	18.3419
February	18.8179	18.1005	18.4659
March	19.6644	18.5256	19.2435
April	19.2883	18.4475	19.0398
May	20.7245	18.3860	19.4460
June	21.5615	20.1406	20.8978
July	21.8498	20.2557	20.9589
August	21.9374	21.1040	21.5639
September	21.3068	19.7950	20.7417
October	21.6632	20.3814	20.9909
November	22.5678	20.8001	21.8792
December	23.1379	22.4461	22.7061