2023 KPW to TRY Historical Review

YEARLY HIGH

0.0328 TRY

YEARLY LOW

0.0208 TRY

YEARLY AVERAGE

0.0264 TRY

2023 KPW to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0328. Conversely, the yearly low was recorded on January 1, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0121 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0323, 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 0.0328 was up 57.94% compared to the 2022 peak of 0.0208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164 TRY

2022 Average 92 TRY

Yearly Trough Low 104 TRY

Transaction Impact: A difference of 60.37 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0335

0.0197

JanuMarcMayJulySeptNove

KPW 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 0.0221, compared to 0.0308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0308

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0058 TRY (High: 0.0290 / Low: 0.0232). On the other end, February was the most stable month, with a tight range of 0.0001 TRY (High: 0.0210 / Low: 0.0209).

June Spread (Volatile) ±0.0058

February Spread (Stable) ±0.0001

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: 0.0323) against the same month in 2022 (average: 0.0207), the exchange rate shifted by +0.0116 (+56.01%).

2023 Avg (December) 0.0323

2022 Avg (December) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0209	0.0208	0.0209
February	0.0210	0.0209	0.0209
March	0.0213	0.0209	0.0211
April	0.0216	0.0213	0.0215
May	0.0231	0.0216	0.0220
June	0.0290	0.0232	0.0264
July	0.0300	0.0286	0.0294
August	0.0302	0.0288	0.0299
September	0.0305	0.0297	0.0300
October	0.0315	0.0305	0.0310
November	0.0322	0.0315	0.0318
December	0.0328	0.0321	0.0323