2023 KZT to TRY Historical Review

YEARLY HIGH

0.0648 TRY

YEARLY LOW

0.0402 TRY

YEARLY AVERAGE

0.0521 TRY

2023 KZT to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0648. Conversely, the yearly low was recorded on January 4, dropping to 0.0402.

This high-to-low spread represents a total annual volatility of 0.0245 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0406 to the December average rate of 0.0634, the exchange rate registered a net change of 56.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0648 was up 59.31% compared to the 2022 peak of 0.0407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 324 TRY

2022 Average 180 TRY

Yearly Trough Low 201 TRY

Transaction Impact: A difference of 122.71 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0657

0.0383

JanuMarcMayJulySeptNove

KZT 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 0.0441, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0114 TRY (High: 0.0580 / Low: 0.0466). On the other end, January was the most stable month, with a tight range of 0.0007 TRY (High: 0.0409 / Low: 0.0402).

June Spread (Volatile) ±0.0114

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and July, 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 0.0018 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0634) against the same month in 2022 (average: 0.0399), the exchange rate shifted by +0.0235 (+58.83%).

2023 Avg (December) 0.0634

2022 Avg (December) 0.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0409	0.0402	0.0406
February	0.0424	0.0407	0.0418
March	0.0439	0.0409	0.0421
April	0.0436	0.0422	0.0428
May	0.0464	0.0432	0.0443
June	0.0580	0.0466	0.0529
July	0.0607	0.0574	0.0595
August	0.0611	0.0564	0.0594
September	0.0584	0.0568	0.0576
October	0.0604	0.0574	0.0585
November	0.0631	0.0603	0.0619
December	0.0648	0.0626	0.0634