YEARLY HIGH
1221.1027 STD
YEARLY LOW
753.8538 STD
YEARLY AVERAGE
981.9602 STD

2023 TRY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1221.1027. Conversely, the yearly low was recorded on December 28, dropping to 753.8538.

This high-to-low spread represents a total annual volatility of 467.2489 STD. From a start-to-finish perspective, comparing the January average rate of 1215.2766 to the December average rate of 765.7210, the exchange rate registered a net change of -36.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1221.1027 was down 24.65% compared to the 2022 peak of 1620.4977, 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 61,055,134 STD
2022 Average 67,620,592 STD
Yearly Trough Low 37,692,691 STD
Transaction Impact: A difference of 23,362,442.96 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1260.2322
720.7654
JanuMarcMayJulySeptNove

TRY to STD 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 1154.7991, compared to 809.1214 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 345.6777 points.

H1 Avg (JanтАУJun) 1154.7991
H2 Avg (JulтАУDec) 809.1214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 217.1460 STD (High: 1092.0149 / Low: 874.8689). On the other end, February was the most stable month, with a tight range of 4.4664 STD (High: 1212.8679 / Low: 1208.4014).

June Spread (Volatile) ┬▒217.1460
February Spread (Stable) ┬▒4.4664

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 187.7775 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -187.7775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1215.2766) against the same month in 2022 (average: 1563.2939), the exchange rate shifted by -348.0173 (-22.26%).

2023 Avg (January) 1215.2766
2022 Avg (January) 1563.2939

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 1221.1027 1213.2031 1215.2766
February 1212.8679 1208.4014 1210.8694
March 1212.4748 1189.9456 1201.2421
April 1190.1008 1173.2790 1179.9711
May 1172.7598 1099.5115 1154.6063
June 1092.0149 874.8689 966.8288
July 886.5062 826.9240 859.7378
August 859.9725 818.8367 827.8948
September 834.5087 811.3271 824.9679
October 811.2296 787.1397 799.0070
November 786.5618 769.7234 777.4000
December 771.0018 753.8538 765.7210