YEARLY HIGH
0.1213 TRY
YEARLY LOW
0.0872 TRY
YEARLY AVERAGE
0.1083 TRY

2022 LRD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LRD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1213. Conversely, the yearly low was recorded on January 31, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.0340 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.1210, the exchange rate registered a net change of 33.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1213 was up 3.31% compared to the 2021 peak of 0.1174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 606 TRY
2021 Average 272 TRY
Yearly Trough Low 436 TRY
Transaction Impact: A difference of 170.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1242
0.0856
JanuMarcMayJulySeptNove

LRD 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 0.0976, compared to 0.1189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.0976
H2 Avg (Jul–Dec) 0.1189

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0106 TRY (High: 0.1082 / Low: 0.0976). On the other end, December was the most stable month, with a tight range of 0.0004 TRY (High: 0.1212 / Low: 0.1207).

May Spread (Volatile) ±0.0106
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0018 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.1209) against the same month in 2021 (average: 0.0748), the exchange rate shifted by +0.0461 (+61.67%).

2022 Avg (November) 0.1209
2021 Avg (November) 0.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0945 0.0872 0.0906
February 0.0913 0.0877 0.0888
March 0.0969 0.0901 0.0952
April 0.0977 0.0958 0.0966
May 0.1082 0.0976 0.1029
June 0.1141 0.1080 0.1116
July 0.1174 0.1098 0.1144
August 0.1184 0.1162 0.1174
September 0.1207 0.1180 0.1190
October 0.1212 0.1203 0.1209
November 0.1213 0.1201 0.1209
December 0.1212 0.1207 0.1210