2023 SBD to TRY Historical Review

YEARLY HIGH

3.5072 TRY

YEARLY LOW

2.2579 TRY

YEARLY AVERAGE

2.8471 TRY

2023 SBD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 3.5072. Conversely, the yearly low was recorded on January 1, dropping to 2.2579.

This high-to-low spread represents a total annual volatility of 1.2494 TRY. From a start-to-finish perspective, comparing the January average rate of 2.2725 to the December average rate of 3.4409, the exchange rate registered a net change of 51.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.5072 was up 53.77% compared to the 2022 peak of 2.2809, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,536 TRY

2022 Average 10,177 TRY

Yearly Trough Low 11,289 TRY

Transaction Impact: A difference of 6,246.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.5577

2.1557

JanuMarcMayJulySeptNove

SBD 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 2.4039, compared to 3.2904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8865 points.

H1 Avg (Jan–Jun) 2.4039

H2 Avg (Jul–Dec) 3.2904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6250 TRY (High: 3.1329 / Low: 2.5078). On the other end, February was the most stable month, with a tight range of 0.0201 TRY (High: 2.2980 / Low: 2.2779).

June Spread (Volatile) ±0.6250

February Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.4409) against the same month in 2022 (average: 2.2677), the exchange rate shifted by +1.1731 (+51.73%).

2023 Avg (December) 3.4409

2022 Avg (December) 2.2677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2902	2.2579	2.2725
February	2.2980	2.2779	2.2893
March	2.3298	2.2771	2.3089
April	2.3476	2.3183	2.3327
May	2.4907	2.3409	2.3746
June	3.1329	2.5078	2.8452
July	3.2287	3.0774	3.1648
August	3.2594	3.0957	3.2164
September	3.2759	3.1761	3.2157
October	3.3567	3.2689	3.3071
November	3.4156	3.3648	3.3974
December	3.5072	3.4070	3.4409