2023 LSL to TRY Historical Review

YEARLY HIGH

1.5959 TRY

YEARLY LOW

1.0178 TRY

YEARLY AVERAGE

1.2867 TRY

2023 LSL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.5959. Conversely, the yearly low was recorded on March 8, dropping to 1.0178.

This high-to-low spread represents a total annual volatility of 0.5782 TRY. From a start-to-finish perspective, comparing the January average rate of 1.0981 to the December average rate of 1.5590, the exchange rate registered a net change of 41.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5959 was up 41.11% compared to the 2022 peak of 1.1310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,980 TRY

2022 Average 5,054 TRY

Yearly Trough Low 5,089 TRY

Transaction Impact: A difference of 2,890.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6111

0.9867

JanuMarcMayJulySeptNove

LSL 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 1.0943, compared to 1.4791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3849 points.

H1 Avg (Jan–Jun) 1.0943

H2 Avg (Jul–Dec) 1.4791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.3463 TRY (High: 1.4033 / Low: 1.0569). On the other end, April was the most stable month, with a tight range of 0.0333 TRY (High: 1.0815 / Low: 1.0482).

June Spread (Volatile) ±0.3463

April Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0448 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.5590) against the same month in 2022 (average: 1.0803), the exchange rate shifted by +0.4787 (+44.31%).

2023 Avg (December) 1.5590

2022 Avg (December) 1.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1178	1.0790	1.0981
February	1.1011	1.0246	1.0533
March	1.0757	1.0178	1.0403
April	1.0815	1.0482	1.0666
May	1.0663	1.0183	1.0388
June	1.4033	1.0569	1.2685
July	1.5336	1.3623	1.4540
August	1.4974	1.3890	1.4320
September	1.4527	1.3959	1.4247
October	1.5065	1.4193	1.4637
November	1.5787	1.4599	1.5414
December	1.5959	1.5163	1.5590