2023 LBP to TRY Historical Review

YEARLY HIGH

0.0125 TRY

YEARLY LOW

0.0012 TRY

YEARLY AVERAGE

0.0027 TRY

2023 LBP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0125. Conversely, the yearly low was recorded on February 6, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0113 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0019, the exchange rate registered a net change of -84.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0125 was down 0.22% compared to the 2022 peak of 0.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 TRY

2022 Average 55 TRY

Yearly Trough Low 6 TRY

Transaction Impact: A difference of 56.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0135

0.0001

JanuMarcMayJulySeptNove

LBP 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 0.0035, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0113 TRY (High: 0.0125 / Low: 0.0012). On the other end, November was the most stable month, with a tight range of 0.0000 TRY (High: 0.0019 / Low: 0.0019).

February Spread (Volatile) ±0.0113

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0091 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0124) against the same month in 2022 (average: 0.0090), the exchange rate shifted by +0.0034 (+38.41%).

2023 Avg (January) 0.0124

2022 Avg (January) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0123	0.0124
February	0.0125	0.0012	0.0032
March	0.0013	0.0012	0.0013
April	0.0013	0.0013	0.0013
May	0.0014	0.0013	0.0013
June	0.0017	0.0014	0.0016
July	0.0018	0.0017	0.0018
August	0.0018	0.0017	0.0018
September	0.0018	0.0018	0.0018
October	0.0019	0.0018	0.0019
November	0.0019	0.0019	0.0019
December	0.0020	0.0019	0.0019