2023 PYG to TRY Historical Review

YEARLY HIGH

0.0040 TRY

YEARLY LOW

0.0025 TRY

YEARLY AVERAGE

0.0033 TRY

2023 PYG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0040. Conversely, the yearly low was recorded on January 23, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0015 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0040, the exchange rate registered a net change of 55.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was up 51.09% compared to the 2022 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20 TRY

2022 Average 12 TRY

Yearly Trough Low 13 TRY

Transaction Impact: A difference of 7.63 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0041

0.0024

JanuMarcMayJulySeptNove

PYG 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 0.0027, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0027

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0007 TRY (High: 0.0036 / Low: 0.0029). On the other end, January was the most stable month, with a tight range of 0.0000 TRY (High: 0.0026 / Low: 0.0025).

June Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0000

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 2023: 0.0040) against the same month in 2022 (average: 0.0026), the exchange rate shifted by +0.0014 (+53.28%).

2023 Avg (December) 0.0040

2022 Avg (December) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0026	0.0025	0.0025
February	0.0026	0.0026	0.0026
March	0.0027	0.0026	0.0026
April	0.0027	0.0027	0.0027
May	0.0029	0.0027	0.0027
June	0.0036	0.0029	0.0033
July	0.0037	0.0036	0.0036
August	0.0037	0.0036	0.0037
September	0.0038	0.0037	0.0037
October	0.0038	0.0038	0.0038
November	0.0039	0.0038	0.0039
December	0.0040	0.0039	0.0040