YEARLY HIGH
0.5970 HKD
YEARLY LOW
0.4165 HKD
YEARLY AVERAGE
0.4798 HKD

2022 TRY to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5970. Conversely, the yearly low was recorded on December 29, dropping to 0.4165.

This high-to-low spread represents a total annual volatility of 0.1805 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5759 to the December average rate of 0.4176, the exchange rate registered a net change of -27.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5970 was down 46.39% compared to the 2021 peak of 1.1136, 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 29,850 HKD
2021 Average 44,994 HKD
Yearly Trough Low 20,826 HKD
Transaction Impact: A difference of 9,024.15 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5918
0.4018
JanuMarcMayJulySeptNove

TRY to HKD 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 0.5303, compared to 0.4292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1011 points.

H1 Avg (Jan–Jun) 0.5303
H2 Avg (Jul–Dec) 0.4292

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0539 HKD (High: 0.5324 / Low: 0.4785). On the other end, December was the most stable month, with a tight range of 0.0019 HKD (High: 0.4184 / Low: 0.4165).

May Spread (Volatile) ±0.0539
December Spread (Stable) ±0.0019

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 0.0406 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5759) against the same month in 2021 (average: 1.0477), the exchange rate shifted by -0.4718 (-45.03%).

2022 Avg (January) 0.5759
2021 Avg (January) 1.0477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5970 0.5620 0.5759
February 0.5824 0.5548 0.5716
March 0.5626 0.5270 0.5354
April 0.5373 0.5283 0.5330
May 0.5324 0.4785 0.5033
June 0.4778 0.4524 0.4627
July 0.4685 0.4373 0.4500
August 0.4390 0.4313 0.4352
September 0.4312 0.4237 0.4288
October 0.4243 0.4215 0.4225
November 0.4250 0.4188 0.4210
December 0.4184 0.4165 0.4176