YEARLY HIGH
4.0557 GMD
YEARLY LOW
2.9673 GMD
YEARLY AVERAGE
3.3792 GMD

2022 TRY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 4.0557. Conversely, the yearly low was recorded on September 26, dropping to 2.9673.

This high-to-low spread represents a total annual volatility of 1.0884 GMD. From a start-to-finish perspective, comparing the January average rate of 3.9031 to the December average rate of 3.3275, the exchange rate registered a net change of -14.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 4.0557 was down 45.11% compared to the 2021 peak of 7.3889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 202,783 GMD
2021 Average 297,991 GMD
Yearly Trough Low 148,363 GMD
Transaction Impact: A difference of 54,420.36 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.9939
2.9034
JanuMarcMayJulySeptNove

TRY to GMD 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 3.6290, compared to 3.1293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4997 points.

H1 Avg (Jan–Jun) 3.6290
H2 Avg (Jul–Dec) 3.1293

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.3597 GMD (High: 3.6615 / Low: 3.3018). On the other end, December was the most stable month, with a tight range of 0.0425 GMD (High: 3.3522 / Low: 3.3096).

May Spread (Volatile) ±0.3597
December Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2702 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 3.9031) against the same month in 2021 (average: 6.9815), the exchange rate shifted by -3.0784 (-44.09%).

2022 Avg (January) 3.9031
2021 Avg (January) 6.9815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0557 3.8054 3.9031
February 3.9640 3.7796 3.8939
March 3.8186 3.5939 3.6627
April 3.7049 3.6314 3.6658
May 3.6615 3.3018 3.4594
June 3.2983 3.1094 3.1891
July 3.2297 3.0037 3.0985
August 3.0537 2.9855 3.0150
September 3.0285 2.9673 2.9943
October 3.1464 2.9910 3.0519
November 3.3271 3.1422 3.2887
December 3.3522 3.3096 3.3275