YEARLY HIGH
31.5284 SDG
YEARLY LOW
18.9684 SDG
YEARLY AVERAGE
25.8295 SDG

2023 TRY to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 31.5284. Conversely, the yearly low was recorded on November 20, dropping to 18.9684.

This high-to-low spread represents a total annual volatility of 12.5600 SDG. From a start-to-finish perspective, comparing the January average rate of 30.7145 to the December average rate of 20.6536, the exchange rate registered a net change of -32.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.5284 was down 5.87% compared to the 2022 peak of 33.4941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,576,420 SDG
2022 Average 1,508,573 SDG
Yearly Trough Low 948,421 SDG
Transaction Impact: A difference of 627,998.29 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.1082
19.6122
JanuMarcMayJulySeptNove

TRY to SDG 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: JanтАУJun) was 29.9255, compared to 21.7335 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 8.1919 points.

H1 Avg (JanтАУJun) 29.9255
H2 Avg (JulтАУDec) 21.7335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.6987 SDG (High: 28.7549 / Low: 23.0562). On the other end, February was the most stable month, with a tight range of 0.2392 SDG (High: 31.2141 / Low: 30.9749).

June Spread (Volatile) ┬▒5.6987
February Spread (Stable) ┬▒0.2392

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 4.8898 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.8898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 31.0375) against the same month in 2022 (average: 30.5787), the exchange rate shifted by +0.4587 (+1.50%).

2023 Avg (March) 31.0375
2022 Avg (March) 30.5787

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 30.9900 30.2373 30.7145
February 31.2141 30.9749 31.0669
March 31.5284 29.8045 31.0375
April 31.1713 29.4679 30.9099
May 30.8040 28.9523 30.3569
June 28.7549 23.0562 25.4671
July 23.3629 22.2799 22.7096
August 23.2151 22.0862 22.3432
September 22.5277 21.9019 22.2615
October 21.8817 21.2136 21.5485
November 21.1627 18.9684 20.8850
December 20.7960 20.3335 20.6536