2022 MAD to TRY Historical Review

YEARLY HIGH

1.7900 TRY

YEARLY LOW

1.4087 TRY

YEARLY AVERAGE

1.6256 TRY

2022 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.7900. Conversely, the yearly low was recorded on January 3, dropping to 1.4087.

This high-to-low spread represents a total annual volatility of 0.3814 TRY. From a start-to-finish perspective, comparing the January average rate of 1.4566 to the December average rate of 1.7736, the exchange rate registered a net change of 21.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.7900 was up 0.08% compared to the 2021 peak of 1.7887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,950 TRY

2021 Average 4,937 TRY

Yearly Trough Low 7,043 TRY

Transaction Impact: A difference of 1,906.80 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.8056

1.4213

JanuMarcMayJulySeptNove

MAD 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 1.5283, compared to 1.7228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1945 points.

H1 Avg (Jan–Jun) 1.5283

H2 Avg (Jul–Dec) 1.7228

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1778 TRY (High: 1.6597 / Low: 1.4819). On the other end, December was the most stable month, with a tight range of 0.0301 TRY (High: 1.7900 / Low: 1.7599).

May Spread (Volatile) ±0.1778

December Spread (Stable) ±0.0301

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0272 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.7736) against the same month in 2021 (average: 1.4541), the exchange rate shifted by +0.3195 (+21.97%).

2022 Avg (December) 1.7736

2021 Avg (December) 1.4541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5017	1.4087	1.4566
February	1.4879	1.4247	1.4534
March	1.5299	1.4526	1.5019
April	1.5178	1.4803	1.4984
May	1.6597	1.4819	1.5615
June	1.7499	1.6431	1.6983
July	1.7482	1.6626	1.7054
August	1.7513	1.7141	1.7318
September	1.7347	1.6681	1.7045
October	1.7198	1.6835	1.6959
November	1.7494	1.6871	1.7256
December	1.7900	1.7599	1.7736