2023 KGS to TRY Historical Review

YEARLY HIGH

0.3319 TRY

YEARLY LOW

0.2153 TRY

YEARLY AVERAGE

0.2704 TRY

2023 KGS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3319. Conversely, the yearly low was recorded on March 4, dropping to 0.2153.

This high-to-low spread represents a total annual volatility of 0.1165 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2195 to the December average rate of 0.3265, the exchange rate registered a net change of 48.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3319 was up 43.20% compared to the 2022 peak of 0.2318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,659 TRY

2022 Average 990 TRY

Yearly Trough Low 1,077 TRY

Transaction Impact: A difference of 582.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3375

0.2058

JanuMarcMayJulySeptNove

KGS 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 0.2287, compared to 0.3122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0836 points.

H1 Avg (Jan–Jun) 0.2287

H2 Avg (Jul–Dec) 0.3122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0601 TRY (High: 0.2988 / Low: 0.2386). On the other end, April was the most stable month, with a tight range of 0.0029 TRY (High: 0.2223 / Low: 0.2194).

June Spread (Volatile) ±0.0601

April Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3265) against the same month in 2022 (average: 0.2191), the exchange rate shifted by +0.1074 (+49.04%).

2023 Avg (December) 0.3265

2022 Avg (December) 0.2191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2233	0.2179	0.2195
February	0.2184	0.2154	0.2167
March	0.2194	0.2153	0.2174
April	0.2223	0.2194	0.2211
May	0.2370	0.2224	0.2260
June	0.2988	0.2386	0.2712
July	0.3078	0.2952	0.3018
August	0.3099	0.2937	0.3056
September	0.3096	0.3025	0.3051
October	0.3169	0.3096	0.3130
November	0.3258	0.3172	0.3215
December	0.3319	0.3237	0.3265