2023 TRY to SBD Historical Review

YEARLY HIGH

0.4429 SBD

YEARLY LOW

0.2851 SBD

YEARLY AVERAGE

0.3615 SBD

2023 TRY to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4429. Conversely, the yearly low was recorded on December 28, dropping to 0.2851.

This high-to-low spread represents a total annual volatility of 0.1578 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4401 to the December average rate of 0.2906, the exchange rate registered a net change of -33.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4429 was down 28.47% compared to the 2022 peak of 0.6192, 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 22,145 SBD

2022 Average 24,881 SBD

Yearly Trough Low 14,256 SBD

Transaction Impact: A difference of 7,888.50 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4550

0.2757

JanuMarcMayJulySeptNove

TRY to SBD 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 0.4188, compared to 0.3042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1146 points.

H1 Avg (Jan–Jun) 0.4188

H2 Avg (Jul–Dec) 0.3042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0796 SBD (High: 0.3987 / Low: 0.3192). On the other end, February was the most stable month, with a tight range of 0.0038 SBD (High: 0.4390 / Low: 0.4352).

June Spread (Volatile) ±0.0796

February Spread (Stable) ±0.0038

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 0.0681 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4401) against the same month in 2022 (average: 0.5969), the exchange rate shifted by -0.1569 (-26.28%).

2023 Avg (January) 0.4401

2022 Avg (January) 0.5969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4429	0.4366	0.4401
February	0.4390	0.4352	0.4368
March	0.4392	0.4292	0.4331
April	0.4313	0.4260	0.4287
May	0.4272	0.4015	0.4212
June	0.3987	0.3192	0.3531
July	0.3249	0.3097	0.3161
August	0.3230	0.3068	0.3109
September	0.3149	0.3053	0.3110
October	0.3059	0.2979	0.3024
November	0.2972	0.2928	0.2943
December	0.2935	0.2851	0.2906

2023 TRY నుండి SBD చారిత్రక సమీక్ష