YEARLY HIGH
2.4073 TRY
YEARLY LOW
1.6919 TRY
YEARLY AVERAGE
2.1351 TRY

2022 GTQ to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GTQ to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.4073. Conversely, the yearly low was recorded on January 3, dropping to 1.6919.

This high-to-low spread represents a total annual volatility of 0.7154 TRY. From a start-to-finish perspective, comparing the January average rate of 1.7562 to the December average rate of 2.3702, the exchange rate registered a net change of 34.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4073 was up 12.45% compared to the 2021 peak of 2.1407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,036 TRY
2021 Average 5,747 TRY
Yearly Trough Low 8,459 TRY
Transaction Impact: A difference of 3,577.07 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4455
1.6935
JanuMarcMayJulySeptNove

GTQ 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 1.9288, compared to 2.3414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4125 points.

H1 Avg (Jan–Jun) 1.9288
H2 Avg (Jul–Dec) 2.3414

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2131 TRY (High: 2.1362 / Low: 1.9231). On the other end, December was the most stable month, with a tight range of 0.0297 TRY (High: 2.3848 / Low: 2.3551).

May Spread (Volatile) ±0.2131
December Spread (Stable) ±0.0297

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0126 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.3828) against the same month in 2021 (average: 1.3969), the exchange rate shifted by +0.9859 (+70.57%).

2022 Avg (November) 2.3828
2021 Avg (November) 1.3969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7971 1.6919 1.7562
February 1.8376 1.7406 1.7729
March 1.9300 1.8001 1.8974
April 1.9389 1.8926 1.9163
May 2.1362 1.9231 2.0360
June 2.2415 2.1294 2.1941
July 2.3200 2.1608 2.2543
August 2.3534 2.3039 2.3282
September 2.3820 2.3345 2.3490
October 2.3989 2.3403 2.3636
November 2.4073 2.3626 2.3828
December 2.3848 2.3551 2.3702