2023 GYD to TRY Historical Review

YEARLY HIGH

0.1408 TRY

YEARLY LOW

0.0884 TRY

YEARLY AVERAGE

0.1133 TRY

2023 GYD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1408. Conversely, the yearly low was recorded on February 5, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0523 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0896 to the December average rate of 0.1389, the exchange rate registered a net change of 55.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1408 was up 56.39% compared to the 2022 peak of 0.0900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 704 TRY

2022 Average 396 TRY

Yearly Trough Low 442 TRY

Transaction Impact: A difference of 261.69 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1439

0.0844

JanuMarcMayJulySeptNove

GYD 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 0.0944, compared to 0.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 0.0944

H2 Avg (Jul–Dec) 0.1322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0245 TRY (High: 0.1234 / Low: 0.0989). On the other end, January was the most stable month, with a tight range of 0.0011 TRY (High: 0.0902 / Low: 0.0891).

June Spread (Volatile) ±0.0245

January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1389) against the same month in 2022 (average: 0.0891), the exchange rate shifted by +0.0498 (+55.88%).

2023 Avg (December) 0.1389

2022 Avg (December) 0.0891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0902	0.0891	0.0896
February	0.0899	0.0884	0.0893
March	0.0914	0.0892	0.0902
April	0.0920	0.0908	0.0915
May	0.0982	0.0921	0.0935
June	0.1234	0.0989	0.1122
July	0.1291	0.1225	0.1262
August	0.1302	0.1238	0.1286
September	0.1312	0.1276	0.1291
October	0.1354	0.1311	0.1333
November	0.1385	0.1354	0.1371
December	0.1408	0.1374	0.1389