2023 SCR to TRY Historical Review

YEARLY HIGH

2.2417 TRY

YEARLY LOW

1.3292 TRY

YEARLY AVERAGE

1.7731 TRY

2023 SCR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 2.2417. Conversely, the yearly low was recorded on January 23, dropping to 1.3292.

This high-to-low spread represents a total annual volatility of 0.9125 TRY. From a start-to-finish perspective, comparing the January average rate of 1.3875 to the December average rate of 2.1666, the exchange rate registered a net change of 56.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2417 was up 52.60% compared to the 2022 peak of 1.4690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,209 TRY

2022 Average 6,134 TRY

Yearly Trough Low 6,646 TRY

Transaction Impact: A difference of 4,562.35 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2445

1.3096

JanuMarcMayJulySeptNove

SCR 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 1.4701, compared to 2.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6060 points.

H1 Avg (Jan–Jun) 1.4701

H2 Avg (Jul–Dec) 2.0761

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4930 TRY (High: 1.9844 / Low: 1.4914). On the other end, February was the most stable month, with a tight range of 0.1202 TRY (High: 1.4502 / Low: 1.3301).

June Spread (Volatile) ±0.4930

February Spread (Stable) ±0.1202

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: 2.1666) against the same month in 2022 (average: 1.3960), the exchange rate shifted by +0.7706 (+55.20%).

2023 Avg (December) 2.1666

2022 Avg (December) 1.3960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4519	1.3292	1.3875
February	1.4502	1.3301	1.3917
March	1.4744	1.3443	1.4125
April	1.5025	1.3688	1.4324
May	1.5704	1.4002	1.4652
June	1.9844	1.4914	1.7314
July	2.0682	1.8509	1.9815
August	2.0514	1.9260	2.0130
September	2.1240	1.9818	2.0560
October	2.2111	1.9891	2.0935
November	2.2121	2.0798	2.1460
December	2.2417	2.0906	2.1666