YEARLY HIGH
0.0013 TRY
YEARLY LOW
0.0008 TRY
YEARLY AVERAGE
0.0011 TRY

2023 STD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0013. Conversely, the yearly low was recorded on January 1, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0005 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0013, the exchange rate registered a net change of 58.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0013 was up 61.79% compared to the 2022 peak of 0.0008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 TRY
2022 Average 4 TRY
Yearly Trough Low 4 TRY
Transaction Impact: A difference of 2.54 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0014
0.0008
JanuMarcMayJulySeptNove

STD 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 0.0009, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 TRY (High: 0.0011 / Low: 0.0009). On the other end, February was the most stable month, with a tight range of 0.0000 TRY (High: 0.0008 / Low: 0.0008).

June Spread (Volatile) ±0.0002
February 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: 0.0013) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0005 (+59.81%).

2023 Avg (December) 0.0013
2022 Avg (December) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0009 0.0008 0.0008
May 0.0009 0.0009 0.0009
June 0.0011 0.0009 0.0010
July 0.0012 0.0011 0.0012
August 0.0012 0.0012 0.0012
September 0.0012 0.0012 0.0012
October 0.0013 0.0012 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013