2023 TRY to ANG Historical Review

YEARLY HIGH

0.0966 ANG

YEARLY LOW

0.0611 ANG

YEARLY AVERAGE

0.0782 ANG

2023 TRY to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0966. Conversely, the yearly low was recorded on December 29, dropping to 0.0611.

This high-to-low spread represents a total annual volatility of 0.0354 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0960 to the December average rate of 0.0620, the exchange rate registered a net change of -35.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0966 was down 30.03% compared to the 2022 peak of 0.1380, 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 4,829 ANG

2022 Average 5,515 ANG

Yearly Trough Low 3,057 ANG

Transaction Impact: A difference of 1,771.80 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0994

0.0586

JanuMarcMayJulySeptNove

TRY to ANG 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 0.0911, compared to 0.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.0911

H2 Avg (Jul–Dec) 0.0652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0171 ANG (High: 0.0862 / Low: 0.0691). On the other end, January was the most stable month, with a tight range of 0.0009 ANG (High: 0.0964 / Low: 0.0955).

June Spread (Volatile) ±0.0171

January Spread (Stable) ±0.0009

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 0.0148 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0956) against the same month in 2022 (average: 0.1321), the exchange rate shifted by -0.0365 (-27.60%).

2023 Avg (February) 0.0956

2022 Avg (February) 0.1321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0964	0.0955	0.0960
February	0.0966	0.0950	0.0956
March	0.0958	0.0934	0.0947
April	0.0939	0.0914	0.0931
May	0.0926	0.0868	0.0911
June	0.0862	0.0691	0.0763
July	0.0696	0.0667	0.0680
August	0.0696	0.0662	0.0670
September	0.0675	0.0656	0.0667
October	0.0657	0.0636	0.0646
November	0.0636	0.0622	0.0628
December	0.0626	0.0611	0.0620