YEARLY HIGH
0.3370 TRY
YEARLY LOW
0.2466 TRY
YEARLY AVERAGE
0.2986 TRY

2022 GMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3370. Conversely, the yearly low was recorded on January 3, dropping to 0.2466.

This high-to-low spread represents a total annual volatility of 0.0904 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2563 to the December average rate of 0.3005, the exchange rate registered a net change of 17.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3370 was up 6.90% compared to the 2021 peak of 0.3153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,685 TRY
2021 Average 862 TRY
Yearly Trough Low 1,233 TRY
Transaction Impact: A difference of 452.22 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3418
0.2485
JanuMarcMayJulySeptNove

GMD 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 0.2770, compared to 0.3202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0431 points.

H1 Avg (Jan–Jun) 0.2770
H2 Avg (Jul–Dec) 0.3202

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0298 TRY (High: 0.3029 / Low: 0.2731). On the other end, December was the most stable month, with a tight range of 0.0038 TRY (High: 0.3021 / Low: 0.2983).

May Spread (Volatile) ±0.0298
December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0236 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.3340) against the same month in 2021 (average: 0.1667), the exchange rate shifted by +0.1673 (+100.38%).

2022 Avg (September) 0.3340
2021 Avg (September) 0.1667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2628 0.2466 0.2563
February 0.2646 0.2523 0.2568
March 0.2783 0.2619 0.2731
April 0.2754 0.2699 0.2728
May 0.3029 0.2731 0.2894
June 0.3216 0.3032 0.3137
July 0.3329 0.3096 0.3229
August 0.3350 0.3275 0.3317
September 0.3370 0.3302 0.3340
October 0.3343 0.3178 0.3278
November 0.3182 0.3006 0.3041
December 0.3021 0.2983 0.3005