2022 NAD to TRY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NAD to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1.1426. Conversely, the yearly low was recorded on January 3, dropping to 0.8246.
This high-to-low spread represents a total annual volatility of 0.3179 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8730 to the December average rate of 1.0819, the exchange rate registered a net change of 23.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.1426 was up 8.85% compared to the 2021 peak of 1.0496, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NAD to TRY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9637, compared to 1.0633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 0.1281 TRY (High: 1.0513 / Low: 0.9231). On the other end, October was the most stable month, with a tight range of 0.0315 TRY (High: 1.0410 / Low: 1.0094).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 0.0353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 1.0854) against the same month in 2021 (average: 0.5914), the exchange rate shifted by +0.4940 (+83.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.8948 | 0.8246 | 0.8730 |
| February | 0.9281 | 0.8740 | 0.8958 |
| March | 1.0196 | 0.9021 | 0.9741 |
| April | 1.0067 | 0.9244 | 0.9827 |
| May | 1.0513 | 0.9231 | 0.9810 |
| June | 1.1190 | 1.0460 | 1.0756 |
| July | 1.1426 | 1.0443 | 1.0854 |
| August | 1.1083 | 1.0638 | 1.0793 |
| September | 1.0737 | 1.0233 | 1.0440 |
| October | 1.0410 | 1.0094 | 1.0265 |
| November | 1.0988 | 1.0199 | 1.0627 |
| December | 1.0988 | 1.0543 | 1.0819 |