YEARLY HIGH
1.2200 TRY
YEARLY LOW
0.8454 TRY
YEARLY AVERAGE
1.0738 TRY

2022 MVR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.2200. Conversely, the yearly low was recorded on January 3, dropping to 0.8454.

This high-to-low spread represents a total annual volatility of 0.3746 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8759 to the December average rate of 1.2134, the exchange rate registered a net change of 38.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2200 was up 12.72% compared to the 2021 peak of 1.0824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,100 TRY
2021 Average 2,881 TRY
Yearly Trough Low 4,227 TRY
Transaction Impact: A difference of 1,872.88 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2472
0.8421
JanuMarcMayJulySeptNove

MVR 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 0.9616, compared to 1.1861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2245 points.

H1 Avg (Jan–Jun) 0.9616
H2 Avg (Jul–Dec) 1.1861

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1084 TRY (High: 1.0625 / Low: 0.9541). On the other end, December was the most stable month, with a tight range of 0.0108 TRY (High: 1.2200 / Low: 1.2092).

May Spread (Volatile) ±0.1084
December Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.2134) against the same month in 2021 (average: 0.8718), the exchange rate shifted by +0.3416 (+39.19%).

2022 Avg (December) 1.2134
2021 Avg (December) 0.8718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8981 0.8454 0.8759
February 0.9108 0.8662 0.8833
March 0.9631 0.8992 0.9464
April 0.9620 0.9442 0.9523
May 1.0625 0.9541 1.0110
June 1.1267 1.0637 1.1007
July 1.1693 1.0910 1.1328
August 1.1849 1.1584 1.1735
September 1.1991 1.1752 1.1855
October 1.2095 1.1975 1.2036
November 1.2156 1.1971 1.2076
December 1.2200 1.2092 1.2134