2022 MDL to TRY Historical Review

YEARLY HIGH

0.9783 TRY

YEARLY LOW

0.7354 TRY

YEARLY AVERAGE

0.8756 TRY

2022 MDL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MDL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9783. Conversely, the yearly low was recorded on January 3, dropping to 0.7354.

This high-to-low spread represents a total annual volatility of 0.2429 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7551 to the December average rate of 0.9652, the exchange rate registered a net change of 27.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9783 was up 4.58% compared to the 2021 peak of 0.9354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,891 TRY

2021 Average 2,519 TRY

Yearly Trough Low 3,677 TRY

Transaction Impact: A difference of 1,214.65 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9894

0.7338

JanuMarcMayJulySeptNove

MDL 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 0.8045, compared to 0.9468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1423 points.

H1 Avg (Jan–Jun) 0.8045

H2 Avg (Jul–Dec) 0.9468

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0711 TRY (High: 0.8615 / Low: 0.7903). On the other end, September was the most stable month, with a tight range of 0.0108 TRY (High: 0.9513 / Low: 0.9405).

May Spread (Volatile) ±0.0711

September Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0029 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.9652) against the same month in 2021 (average: 0.7592), the exchange rate shifted by +0.2061 (+27.14%).

2022 Avg (December) 0.9652

2021 Avg (December) 0.7592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7796	0.7354	0.7551
February	0.7810	0.7498	0.7625
March	0.8111	0.7666	0.7965
April	0.8057	0.7874	0.7987
May	0.8615	0.7903	0.8263
June	0.9091	0.8610	0.8877
July	0.9308	0.8766	0.9068
August	0.9441	0.9248	0.9362
September	0.9513	0.9405	0.9449
October	0.9675	0.9502	0.9596
November	0.9752	0.9585	0.9681
December	0.9783	0.9514	0.9652