YEARLY HIGH
0.9735 TRY
YEARLY LOW
0.6371 TRY
YEARLY AVERAGE
0.8250 TRY

2022 MXN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.9735. Conversely, the yearly low was recorded on January 3, dropping to 0.6371.

This high-to-low spread represents a total annual volatility of 0.3364 TRY. From a start-to-finish perspective, comparing the January average rate of 0.6601 to the December average rate of 0.9523, the exchange rate registered a net change of 44.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9735 was up 21.71% compared to the 2021 peak of 0.7998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,674 TRY
2021 Average 21,880 TRY
Yearly Trough Low 31,856 TRY
Transaction Impact: A difference of 16,818.10 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9859
0.6304
JanuMarcMayJulySeptNove

MXN 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 0.7336, compared to 0.9163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1827 points.

H1 Avg (Jan–Jun) 0.7336
H2 Avg (Jul–Dec) 0.9163

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1110 TRY (High: 0.8385 / Low: 0.7275). On the other end, September was the most stable month, with a tight range of 0.0182 TRY (High: 0.9205 / Low: 0.9023).

May Spread (Volatile) ±0.1110
September Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.9523) against the same month in 2021 (average: 0.6439), the exchange rate shifted by +0.3084 (+47.89%).

2022 Avg (December) 0.9523
2021 Avg (December) 0.6439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6811 0.6371 0.6601
February 0.6839 0.6513 0.6667
March 0.7405 0.6728 0.7118
April 0.7417 0.7235 0.7331
May 0.8385 0.7275 0.7808
June 0.8776 0.8246 0.8492
July 0.8844 0.8266 0.8512
August 0.9116 0.8622 0.8955
September 0.9205 0.9023 0.9131
October 0.9402 0.9184 0.9298
November 0.9693 0.9439 0.9563
December 0.9735 0.9376 0.9523