YEARLY HIGH
0.5288 BOB
YEARLY LOW
0.3671 BOB
YEARLY AVERAGE
0.4223 BOB

2022 TRY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5288. Conversely, the yearly low was recorded on November 6, dropping to 0.3671.

This high-to-low spread represents a total annual volatility of 0.1618 BOB. From a start-to-finish perspective, comparing the January average rate of 0.5092 to the December average rate of 0.3706, the exchange rate registered a net change of -27.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5288 was down 46.83% compared to the 2021 peak of 0.9946, 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 26,442 BOB
2021 Average 39,971 BOB
Yearly Trough Low 18,353 BOB
Transaction Impact: A difference of 8,088.78 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5231
0.3567
JanuMarcMayJulySeptNove

TRY to BOB 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 0.4666, compared to 0.3780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0885 points.

H1 Avg (Jan–Jun) 0.4666
H2 Avg (Jul–Dec) 0.3780

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0459 BOB (High: 0.4663 / Low: 0.4204). On the other end, December was the most stable month, with a tight range of 0.0027 BOB (High: 0.3720 / Low: 0.3692).

May Spread (Volatile) ±0.0459
December Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0348 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5092) against the same month in 2021 (average: 0.9311), the exchange rate shifted by -0.4219 (-45.31%).

2022 Avg (January) 0.5092
2021 Avg (January) 0.9311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5288 0.4963 0.5092
February 0.5145 0.4849 0.5044
March 0.4947 0.4626 0.4707
April 0.4749 0.4636 0.4681
May 0.4663 0.4204 0.4408
June 0.4202 0.3963 0.4060
July 0.4104 0.3831 0.3942
August 0.3858 0.3794 0.3830
September 0.3797 0.3736 0.3773
October 0.3748 0.3674 0.3720
November 0.3741 0.3671 0.3712
December 0.3720 0.3692 0.3706