2023 KMF to TRY Historical Review

YEARLY HIGH

0.0664 TRY

YEARLY LOW

0.0401 TRY

YEARLY AVERAGE

0.0523 TRY

2023 KMF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0664. Conversely, the yearly low was recorded on January 5, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0263 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0411 to the December average rate of 0.0645, the exchange rate registered a net change of 56.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0664 was up 61.74% compared to the 2022 peak of 0.0411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 332 TRY

2022 Average 177 TRY

Yearly Trough Low 201 TRY

Transaction Impact: A difference of 131.46 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0669

0.0386

JanuMarcMayJulySeptNove

KMF 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 0.0437, compared to 0.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.0437

H2 Avg (Jul–Dec) 0.0608

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0125 TRY (High: 0.0578 / Low: 0.0453). On the other end, September was the most stable month, with a tight range of 0.0007 TRY (High: 0.0589 / Low: 0.0583).

June Spread (Volatile) ±0.0125

September Spread (Stable) ±0.0007

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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0645) against the same month in 2022 (average: 0.0401), the exchange rate shifted by +0.0244 (+60.78%).

2023 Avg (December) 0.0645

2022 Avg (December) 0.0401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0417	0.0401	0.0411
February	0.0417	0.0404	0.0410
March	0.0425	0.0405	0.0413
April	0.0436	0.0424	0.0431
May	0.0450	0.0433	0.0436
June	0.0578	0.0453	0.0522
July	0.0614	0.0571	0.0594
August	0.0606	0.0569	0.0596
September	0.0589	0.0583	0.0586
October	0.0610	0.0585	0.0598
November	0.0646	0.0606	0.0628
December	0.0664	0.0632	0.0645