2023 TRY to MDL Historical Review

YEARLY HIGH

1.0245 MDL

YEARLY LOW

0.5853 MDL

YEARLY AVERAGE

0.7877 MDL

2023 TRY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0245. Conversely, the yearly low was recorded on December 28, dropping to 0.5853.

This high-to-low spread represents a total annual volatility of 0.4392 MDL. From a start-to-finish perspective, comparing the January average rate of 1.0112 to the December average rate of 0.6051, the exchange rate registered a net change of -40.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0245 was down 24.66% compared to the 2022 peak of 1.3599, 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 51,223 MDL

2022 Average 57,548 MDL

Yearly Trough Low 29,265 MDL

Transaction Impact: A difference of 21,958.78 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0518

0.5645

JanuMarcMayJulySeptNove

TRY to MDL 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 0.9293, compared to 0.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2832 points.

H1 Avg (Jan–Jun) 0.9293

H2 Avg (Jul–Dec) 0.6461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1613 MDL (High: 0.8498 / Low: 0.6885). On the other end, September was the most stable month, with a tight range of 0.0080 MDL (High: 0.6688 / Low: 0.6608).

June Spread (Volatile) ±0.1613

September Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1409 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0112) against the same month in 2022 (average: 1.3246), the exchange rate shifted by -0.3134 (-23.66%).

2023 Avg (January) 1.0112

2022 Avg (January) 1.3246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0245	0.9949	1.0112
February	1.0050	0.9871	0.9959
March	0.9995	0.9543	0.9793
April	0.9543	0.9180	0.9326
May	0.9213	0.8552	0.8988
June	0.8498	0.6885	0.7579
July	0.7072	0.6413	0.6764
August	0.6850	0.6452	0.6569
September	0.6688	0.6608	0.6655
October	0.6647	0.6397	0.6502
November	0.6396	0.6116	0.6227
December	0.6176	0.5853	0.6051

2023 TRY నుండి MDL చారిత్రక సమీక్ష