2023 TJS to TRY Historical Review

YEARLY HIGH

2.6954 TRY

YEARLY LOW

1.7362 TRY

YEARLY AVERAGE

2.1974 TRY

2023 TJS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.6954. Conversely, the yearly low was recorded on March 13, dropping to 1.7362.

This high-to-low spread represents a total annual volatility of 0.9592 TRY. From a start-to-finish perspective, comparing the January average rate of 1.8355 to the December average rate of 2.6602, the exchange rate registered a net change of 44.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6954 was up 43.10% compared to the 2022 peak of 1.8836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,477 TRY

2022 Average 7,678 TRY

Yearly Trough Low 8,681 TRY

Transaction Impact: A difference of 4,796.05 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7489

1.6847

JanuMarcMayJulySeptNove

TJS 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 1.8681, compared to 2.5267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6586 points.

H1 Avg (Jan–Jun) 1.8681

H2 Avg (Jul–Dec) 2.5267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4774 TRY (High: 2.3897 / Low: 1.9122). On the other end, January was the most stable month, with a tight range of 0.0221 TRY (High: 1.8504 / Low: 1.8283).

June Spread (Volatile) ±0.4774

January Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0292 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.6602) against the same month in 2022 (average: 1.8390), the exchange rate shifted by +0.8212 (+44.66%).

2023 Avg (December) 2.6602

2022 Avg (December) 1.8390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8504	1.8283	1.8355
February	1.8862	1.7567	1.8147
March	1.8949	1.7362	1.8026
April	1.8044	1.7567	1.7734
May	1.9021	1.7849	1.8109
June	2.3897	1.9122	2.1715
July	2.4704	2.3692	2.4229
August	2.4821	2.3610	2.4526
September	2.5007	2.4305	2.4597
October	2.5870	2.4970	2.5428
November	2.6542	2.5847	2.6220
December	2.6954	2.6339	2.6602