YEARLY HIGH
0.0044 TRY
YEARLY LOW
0.0033 TRY
YEARLY AVERAGE
0.0040 TRY

2022 MGA to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0044. Conversely, the yearly low was recorded on January 3, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0011 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0042, the exchange rate registered a net change of 24.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0044 was up 6.23% compared to the 2021 peak of 0.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 TRY
2021 Average 12 TRY
Yearly Trough Low 16 TRY
Transaction Impact: A difference of 5.75 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0045
0.0033
JanuMarcMayJulySeptNove

MGA 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 0.0037, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0004 TRY (High: 0.0041 / Low: 0.0037). On the other end, October was the most stable month, with a tight range of 0.0001 TRY (High: 0.0044 / Low: 0.0044).

May Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0044) against the same month in 2021 (average: 0.0022), the exchange rate shifted by +0.0022 (+100.83%).

2022 Avg (September) 0.0044
2021 Avg (September) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0033 0.0034
February 0.0035 0.0033 0.0034
March 0.0037 0.0035 0.0036
April 0.0037 0.0036 0.0037
May 0.0041 0.0037 0.0039
June 0.0043 0.0040 0.0042
July 0.0043 0.0041 0.0042
August 0.0044 0.0042 0.0043
September 0.0044 0.0043 0.0044
October 0.0044 0.0044 0.0044
November 0.0044 0.0043 0.0043
December 0.0043 0.0042 0.0042