YEARLY HIGH
0.0518 TRY
YEARLY LOW
0.0328 TRY
YEARLY AVERAGE
0.0418 TRY

2023 SOS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0518. Conversely, the yearly low was recorded on February 4, dropping to 0.0328.

This high-to-low spread represents a total annual volatility of 0.0190 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0509, the exchange rate registered a net change of 54.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0518 was up 55.53% compared to the 2022 peak of 0.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259 TRY
2022 Average 144 TRY
Yearly Trough Low 164 TRY
Transaction Impact: A difference of 94.78 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0527
0.0312
JanuMarcMayJulySeptNove

SOS 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 0.0350, compared to 0.0485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0485

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0091 TRY (High: 0.0458 / Low: 0.0367). On the other end, January was the most stable month, with a tight range of 0.0003 TRY (High: 0.0332 / Low: 0.0329).

June Spread (Volatile) ±0.0091
January Spread (Stable) ±0.0003

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: 0.0509) against the same month in 2022 (average: 0.0328), the exchange rate shifted by +0.0181 (+55.23%).

2023 Avg (December) 0.0509
2022 Avg (December) 0.0328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0332 0.0329 0.0330
February 0.0334 0.0328 0.0331
March 0.0339 0.0331 0.0335
April 0.0345 0.0337 0.0341
May 0.0365 0.0342 0.0348
June 0.0458 0.0367 0.0417
July 0.0475 0.0455 0.0465
August 0.0478 0.0455 0.0473
September 0.0481 0.0469 0.0474
October 0.0496 0.0481 0.0489
November 0.0507 0.0496 0.0502
December 0.0518 0.0504 0.0509