YEARLY HIGH
0.0097 TRY
YEARLY LOW
0.0073 TRY
YEARLY AVERAGE
0.0086 TRY

2022 MMK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0097. Conversely, the yearly low was recorded on January 3, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0024 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0089, the exchange rate registered a net change of 16.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0097 was up 4.30% compared to the 2021 peak of 0.0093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 TRY
2021 Average 28 TRY
Yearly Trough Low 37 TRY
Transaction Impact: A difference of 11.78 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0096
0.0074
JanuMarcMayJulySeptNove

MMK 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 0.0082, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0082
H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0012 TRY (High: 0.0097 / Low: 0.0085). On the other end, December was the most stable month, with a tight range of 0.0001 TRY (High: 0.0089 / Low: 0.0088).

August Spread (Volatile) ±0.0012
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0090) against the same month in 2021 (average: 0.0052), the exchange rate shifted by +0.0038 (+74.22%).

2022 Avg (August) 0.0090
2021 Avg (August) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0073 0.0076
February 0.0080 0.0075 0.0077
March 0.0084 0.0078 0.0082
April 0.0083 0.0078 0.0080
May 0.0089 0.0080 0.0084
June 0.0094 0.0088 0.0092
July 0.0097 0.0090 0.0094
August 0.0097 0.0085 0.0090
September 0.0088 0.0087 0.0087
October 0.0090 0.0088 0.0089
November 0.0090 0.0088 0.0089
December 0.0089 0.0088 0.0089