YEARLY HIGH
1.8718 HNL
YEARLY LOW
1.3129 HNL
YEARLY AVERAGE
1.5072 HNL

2022 TRY to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.8718. Conversely, the yearly low was recorded on November 6, dropping to 1.3129.

This high-to-low spread represents a total annual volatility of 0.5589 HNL. From a start-to-finish perspective, comparing the January average rate of 1.8123 to the December average rate of 1.3240, the exchange rate registered a net change of -26.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.8718 was down 46.42% compared to the 2021 peak of 3.4938, 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 93,592 HNL
2021 Average 139,567 HNL
Yearly Trough Low 65,645 HNL
Transaction Impact: A difference of 27,947.04 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.8611
1.2752
JanuMarcMayJulySeptNove

TRY to HNL 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 1.6625, compared to 1.3520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3105 points.

H1 Avg (Jan–Jun) 1.6625
H2 Avg (Jul–Dec) 1.3520

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1653 HNL (High: 1.6600 / Low: 1.4947). On the other end, December was the most stable month, with a tight range of 0.0110 HNL (High: 1.3296 / Low: 1.3185).

May Spread (Volatile) ±0.1653
December Spread (Stable) ±0.0110

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 February and March, when the average rate fell by 0.1251 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.8123) against the same month in 2021 (average: 3.2764), the exchange rate shifted by -1.4641 (-44.69%).

2022 Avg (January) 1.8123
2021 Avg (January) 3.2764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8718 1.7632 1.8123
February 1.8369 1.7379 1.8022
March 1.7709 1.6420 1.6771
April 1.6780 1.6507 1.6644
May 1.6600 1.4947 1.5705
June 1.4998 1.4133 1.4486
July 1.4674 1.3688 1.4085
August 1.4294 1.3490 1.3690
September 1.3546 1.3333 1.3460
October 1.3382 1.3179 1.3324
November 1.3426 1.3129 1.3319
December 1.3296 1.3185 1.3240