2023 TRY to AWG Historical Review

YEARLY HIGH

0.0963 AWG

YEARLY LOW

0.0609 AWG

YEARLY AVERAGE

0.0781 AWG

2023 TRY to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0963. Conversely, the yearly low was recorded on December 28, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0354 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0959 to the December average rate of 0.0619, the exchange rate registered a net change of -35.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0963 was down 30.14% compared to the 2022 peak of 0.1378, 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 4,815 AWG

2022 Average 5,508 AWG

Yearly Trough Low 3,045 AWG

Transaction Impact: A difference of 1,770.13 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0993

0.0585

JanuMarcMayJulySeptNove

TRY to AWG 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 0.0651 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) 0.0651

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0171 AWG (High: 0.0862 / Low: 0.0691). On the other end, February was the most stable month, with a tight range of 0.0005 AWG (High: 0.0958 / Low: 0.0953).

June Spread (Volatile) ±0.0171

February Spread (Stable) ±0.0005

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 (January 2023: 0.0959) against the same month in 2022 (average: 0.1330), the exchange rate shifted by -0.0371 (-27.90%).

2023 Avg (January) 0.0959

2022 Avg (January) 0.1330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0963	0.0957	0.0959
February	0.0958	0.0953	0.0955
March	0.0958	0.0939	0.0948
April	0.0939	0.0925	0.0931
May	0.0925	0.0868	0.0911
June	0.0862	0.0691	0.0763
July	0.0700	0.0668	0.0681
August	0.0695	0.0662	0.0669
September	0.0674	0.0655	0.0667
October	0.0656	0.0636	0.0646
November	0.0636	0.0613	0.0627
December	0.0624	0.0609	0.0619