2023 TRY to AUD Historical Review

YEARLY HIGH

0.0802 AUD

YEARLY LOW

0.0496 AUD

YEARLY AVERAGE

0.0651 AUD

2023 TRY to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0802. Conversely, the yearly low was recorded on December 28, dropping to 0.0496.

This high-to-low spread represents a total annual volatility of 0.0306 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0765 to the December average rate of 0.0513, the exchange rate registered a net change of -32.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0802 was down 24.61% compared to the 2022 peak of 0.1064, 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 4,010 AUD

2022 Average 4,395 AUD

Yearly Trough Low 2,478 AUD

Transaction Impact: A difference of 1,532.12 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0815

0.0485

JanuMarcMayJulySeptNove

TRY to AUD 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 0.0748, compared to 0.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.0748

H2 Avg (Jul–Dec) 0.0554

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0153 AUD (High: 0.0727 / Low: 0.0574). On the other end, September was the most stable month, with a tight range of 0.0019 AUD (High: 0.0586 / Low: 0.0567).

June Spread (Volatile) ±0.0153

September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0131 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0788) against the same month in 2022 (average: 0.0927), the exchange rate shifted by -0.0139 (-15.01%).

2023 Avg (March) 0.0788

2022 Avg (March) 0.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0794	0.0743	0.0765
February	0.0788	0.0743	0.0770
March	0.0802	0.0776	0.0788
April	0.0782	0.0762	0.0773
May	0.0776	0.0740	0.0762
June	0.0727	0.0574	0.0631
July	0.0583	0.0545	0.0562
August	0.0602	0.0560	0.0573
September	0.0586	0.0567	0.0577
October	0.0575	0.0555	0.0565
November	0.0551	0.0519	0.0537
December	0.0528	0.0496	0.0513