YEARLY HIGH
2.6534 TRY
YEARLY LOW
1.9633 TRY
YEARLY AVERAGE
2.3058 TRY

2022 HRK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.6534. Conversely, the yearly low was recorded on January 3, dropping to 1.9633.

This high-to-low spread represents a total annual volatility of 0.6901 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0359 to the December average rate of 2.6178, the exchange rate registered a net change of 28.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6534 was up 6.51% compared to the 2021 peak of 2.4913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,267 TRY
2021 Average 6,962 TRY
Yearly Trough Low 9,817 TRY
Transaction Impact: A difference of 3,450.39 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6760
1.9777
JanuMarcMayJulySeptNove

HRK 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 2.1493, compared to 2.4624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3132 points.

H1 Avg (Jan–Jun) 2.1493
H2 Avg (Jul–Dec) 2.4624

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2701 TRY (High: 2.3342 / Low: 2.0641). On the other end, August was the most stable month, with a tight range of 0.0707 TRY (High: 2.4660 / Low: 2.3952).

May Spread (Volatile) ±0.2701
August Spread (Stable) ±0.0707

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0205 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.6178) against the same month in 2021 (average: 2.0224), the exchange rate shifted by +0.5954 (+29.44%).

2022 Avg (December) 2.6178
2021 Avg (December) 2.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0960 1.9633 2.0359
February 2.0975 2.0034 2.0541
March 2.1620 2.0434 2.1259
April 2.1457 2.0532 2.1054
May 2.3342 2.0641 2.1916
June 2.4497 2.3040 2.3826
July 2.4358 2.3065 2.3661
August 2.4660 2.3952 2.4287
September 2.4535 2.3506 2.4122
October 2.4939 2.3921 2.4271
November 2.5735 2.4087 2.5225
December 2.6534 2.5809 2.6178