YEARLY HIGH
1.1828 MVR
YEARLY LOW
0.8197 MVR
YEARLY AVERAGE
0.9452 MVR

2022 TRY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1828. Conversely, the yearly low was recorded on December 4, dropping to 0.8197.

This high-to-low spread represents a total annual volatility of 0.3632 MVR. From a start-to-finish perspective, comparing the January average rate of 1.1419 to the December average rate of 0.8241, the exchange rate registered a net change of -27.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1828 was down 46.56% compared to the 2021 peak of 2.2135, 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 59,141 MVR
2021 Average 89,348 MVR
Yearly Trough Low 40,983 MVR
Transaction Impact: A difference of 18,157.85 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1737
0.7923
JanuMarcMayJulySeptNove

TRY to MVR 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 1.0468, compared to 0.8437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2031 points.

H1 Avg (Jan–Jun) 1.0468
H2 Avg (Jul–Dec) 0.8437

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1069 MVR (High: 1.0481 / Low: 0.9412). On the other end, December was the most stable month, with a tight range of 0.0073 MVR (High: 0.8270 / Low: 0.8197).

May Spread (Volatile) ±0.1069
December Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0815 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.1419) against the same month in 2021 (average: 2.0817), the exchange rate shifted by -0.9398 (-45.14%).

2022 Avg (January) 1.1419
2021 Avg (January) 2.0817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1828 1.1135 1.1419
February 1.1544 1.0979 1.1323
March 1.1121 1.0383 1.0571
April 1.0590 1.0395 1.0501
May 1.0481 0.9412 0.9904
June 0.9401 0.8876 0.9089
July 0.9166 0.8552 0.8831
August 0.8632 0.8440 0.8522
September 0.8509 0.8339 0.8436
October 0.8350 0.8268 0.8309
November 0.8354 0.8226 0.8281
December 0.8270 0.8197 0.8241