YEARLY HIGH
0.0527 TRY
YEARLY LOW
0.0317 TRY
YEARLY AVERAGE
0.0398 TRY

2023 SDG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0527. Conversely, the yearly low was recorded on March 4, dropping to 0.0317.

This high-to-low spread represents a total annual volatility of 0.0210 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0326 to the December average rate of 0.0484, the exchange rate registered a net change of 48.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0527 was up 32.46% compared to the 2022 peak of 0.0398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 264 TRY
2022 Average 167 TRY
Yearly Trough Low 159 TRY
Transaction Impact: A difference of 105.01 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0500
0.0306
JanuMarcMayJulySeptNove

SDG 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 0.0336, compared to 0.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.0336
H2 Avg (Jul–Dec) 0.0461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0086 TRY (High: 0.0434 / Low: 0.0348). On the other end, February was the most stable month, with a tight range of 0.0002 TRY (High: 0.0323 / Low: 0.0320).

June Spread (Volatile) ±0.0086
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0479) against the same month in 2022 (average: 0.0327), the exchange rate shifted by +0.0152 (+46.56%).

2023 Avg (November) 0.0479
2022 Avg (November) 0.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0331 0.0323 0.0326
February 0.0323 0.0320 0.0322
March 0.0336 0.0317 0.0322
April 0.0339 0.0321 0.0324
May 0.0345 0.0325 0.0329
June 0.0434 0.0348 0.0394
July 0.0449 0.0428 0.0440
August 0.0453 0.0431 0.0448
September 0.0457 0.0444 0.0449
October 0.0471 0.0457 0.0464
November 0.0527 0.0473 0.0479
December 0.0492 0.0481 0.0484