2023 TRY to STD Historical Review

YEARLY HIGH

1221.1027 STD

YEARLY LOW

753.8538 STD

YEARLY AVERAGE

981.9602 STD

2023 TRY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1221.1027. Conversely, the yearly low was recorded on December 28, dropping to 753.8538.

This high-to-low spread represents a total annual volatility of 467.2489 STD. From a start-to-finish perspective, comparing the January average rate of 1215.2766 to the December average rate of 765.7210, the exchange rate registered a net change of -36.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1221.1027 was down 24.65% compared to the 2022 peak of 1620.4977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 61,055,134 STD

2022 Average 67,620,592 STD

Yearly Trough Low 37,692,691 STD

Transaction Impact: A difference of 23,362,442.96 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1260.2322

720.7654

JanuMarcMayJulySeptNove

TRY to STD 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 1154.7991, compared to 809.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 345.6777 points.

H1 Avg (Jan–Jun) 1154.7991

H2 Avg (Jul–Dec) 809.1214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 217.1460 STD (High: 1092.0149 / Low: 874.8689). On the other end, February was the most stable month, with a tight range of 4.4664 STD (High: 1212.8679 / Low: 1208.4014).

June Spread (Volatile) ±217.1460

February Spread (Stable) ±4.4664

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 187.7775 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -187.7775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1215.2766) against the same month in 2022 (average: 1563.2939), the exchange rate shifted by -348.0173 (-22.26%).

2023 Avg (January) 1215.2766

2022 Avg (January) 1563.2939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1221.1027	1213.2031	1215.2766
February	1212.8679	1208.4014	1210.8694
March	1212.4748	1189.9456	1201.2421
April	1190.1008	1173.2790	1179.9711
May	1172.7598	1099.5115	1154.6063
June	1092.0149	874.8689	966.8288
July	886.5062	826.9240	859.7378
August	859.9725	818.8367	827.8948
September	834.5087	811.3271	824.9679
October	811.2296	787.1397	799.0070
November	786.5618	769.7234	777.4000
December	771.0018	753.8538	765.7210

૨૦૨૫ TRY થી STD ઐતિહાસિક સમીક્ષા