2023 IRR to TRY Historical Review

YEARLY HIGH

0.0007 TRY

YEARLY LOW

0.0004 TRY

YEARLY AVERAGE

0.0006 TRY

2023 IRR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0007. Conversely, the yearly low was recorded on March 4, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0003 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0007, the exchange rate registered a net change of 53.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was up 55.96% compared to the 2022 peak of 0.0005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 TRY

2022 Average 2 TRY

Yearly Trough Low 2 TRY

Transaction Impact: A difference of 1.29 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0007

0.0004

JanuMarcMayJulySeptNove

IRR 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 0.0005, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0005

H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 TRY (High: 0.0006 / Low: 0.0005). On the other end, January was the most stable month, with a tight range of 0.0000 TRY (High: 0.0005 / Low: 0.0004).

June Spread (Volatile) ±0.0001

January Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0007) against the same month in 2022 (average: 0.0004), the exchange rate shifted by +0.0002 (+54.12%).

2023 Avg (December) 0.0007

2022 Avg (December) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0005	0.0004	0.0004
February	0.0005	0.0004	0.0004
March	0.0005	0.0004	0.0005
April	0.0005	0.0005	0.0005
May	0.0005	0.0005	0.0005
June	0.0006	0.0005	0.0006
July	0.0006	0.0006	0.0006
August	0.0006	0.0006	0.0006
September	0.0007	0.0006	0.0006
October	0.0007	0.0007	0.0007
November	0.0007	0.0007	0.0007
December	0.0007	0.0007	0.0007