2023 SVC to TRY Historical Review

YEARLY HIGH

3.3685 TRY

YEARLY LOW

2.1326 TRY

YEARLY AVERAGE

2.7204 TRY

2023 SVC to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 3.3685. Conversely, the yearly low was recorded on February 5, dropping to 2.1326.

This high-to-low spread represents a total annual volatility of 1.2359 TRY. From a start-to-finish perspective, comparing the January average rate of 2.1463 to the December average rate of 3.3223, the exchange rate registered a net change of 54.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.3685 was up 56.56% compared to the 2022 peak of 2.1516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,842 TRY

2022 Average 9,472 TRY

Yearly Trough Low 10,663 TRY

Transaction Impact: A difference of 6,179.43 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.4399

2.0287

JanuMarcMayJulySeptNove

SVC 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 2.2766, compared to 3.1642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8876 points.

H1 Avg (Jan–Jun) 2.2766

H2 Avg (Jul–Dec) 3.1642

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.5928 TRY (High: 2.9825 / Low: 2.3897). On the other end, January was the most stable month, with a tight range of 0.0202 TRY (High: 2.1561 / Low: 2.1359).

June Spread (Volatile) ±0.5928

January Spread (Stable) ±0.0202

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: 3.3223) against the same month in 2022 (average: 2.1312), the exchange rate shifted by +1.1912 (+55.89%).

2023 Avg (December) 3.3223

2022 Avg (December) 2.1312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1561	2.1359	2.1463
February	2.1681	2.1326	2.1540
March	2.2047	2.1509	2.1748
April	2.2529	2.1938	2.2130
May	2.3733	2.2267	2.2607
June	2.9825	2.3897	2.7109
July	3.0902	2.9613	3.0293
August	3.1121	2.9612	3.0764
September	3.1382	3.0512	3.0877
October	3.2399	3.1349	3.1897
November	3.3109	3.2391	3.2798
December	3.3685	3.2888	3.3223