2023 IMP to TRY Historical Review

YEARLY HIGH

29.5572 TRY

YEARLY LOW

18.6913 TRY

YEARLY AVERAGE

23.7932 TRY

2023 IMP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IMP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 29.5572. Conversely, the yearly low was recorded on January 1, dropping to 18.6913.

This high-to-low spread represents a total annual volatility of 10.8659 TRY. From a start-to-finish perspective, comparing the January average rate of 18.7809 to the December average rate of 29.1005, the exchange rate registered a net change of 54.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.5572 was up 57.94% compared to the 2022 peak of 18.7139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,786 TRY

2022 Average 82,883 TRY

Yearly Trough Low 93,456 TRY

Transaction Impact: A difference of 54,329.47 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.1325

17.7490

JanuMarcMayJulySeptNove

IMP 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 19.9104, compared to 27.6760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7656 points.

H1 Avg (Jan–Jun) 19.9104

H2 Avg (Jul–Dec) 27.6760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.1877 TRY (High: 26.0885 / Low: 20.9008). On the other end, February was the most stable month, with a tight range of 0.0696 TRY (High: 18.8878 / Low: 18.8182).

June Spread (Volatile) ±5.1877

February Spread (Stable) ±0.0696

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 29.1005) against the same month in 2022 (average: 18.6528), the exchange rate shifted by +10.4477 (+56.01%).

2023 Avg (December) 29.1005

2022 Avg (December) 18.6528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8130	18.6913	18.7809
February	18.8878	18.8182	18.8493
March	19.1807	18.8243	19.0007
April	19.4532	19.1782	19.3432
May	20.7583	19.4618	19.7724
June	26.0885	20.9008	23.7156
July	26.9805	25.7460	26.4746
August	27.2115	25.9099	26.9174
September	27.4634	26.7005	27.0111
October	28.3073	27.4667	27.8891
November	28.9478	28.3281	28.6631
December	29.5572	28.8998	29.1005