2023 TRY to KPW Historical Review

YEARLY HIGH

48.1508 KPW

YEARLY LOW

30.4494 KPW

YEARLY AVERAGE

39.0488 KPW

2023 TRY to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 48.1508. Conversely, the yearly low was recorded on December 28, dropping to 30.4494.

This high-to-low spread represents a total annual volatility of 17.7013 KPW. From a start-to-finish perspective, comparing the January average rate of 47.9210 to the December average rate of 30.9288, 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 48.1508 was down 30.12% compared to the 2022 peak of 68.9022, 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 2,407,538 KPW

2022 Average 2,754,200 KPW

Yearly Trough Low 1,522,472 KPW

Transaction Impact: A difference of 885,065.59 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.6202

29.2296

JanuMarcMayJulySeptNove

TRY to KPW 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 45.5363, compared to 32.5614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.9749 points.

H1 Avg (Jan–Jun) 45.5363

H2 Avg (Jul–Dec) 32.5614

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 8.5625 KPW (High: 43.0605 / Low: 34.4980). On the other end, February was the most stable month, with a tight range of 0.1761 KPW (High: 47.8260 / Low: 47.6499).

June Spread (Volatile) ±8.5625

February Spread (Stable) ±0.1761

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 7.4045 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -7.4045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 47.9210) against the same month in 2022 (average: 66.5253), the exchange rate shifted by -18.6042 (-27.97%).

2023 Avg (January) 47.9210

2022 Avg (January) 66.5253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.1508	47.8393	47.9210
February	47.8260	47.6499	47.7472
March	47.8105	46.9222	47.3676
April	46.9283	46.2650	46.5288
May	46.2445	43.3562	45.5287
June	43.0605	34.4980	38.1242
July	34.9569	33.3574	34.0038
August	34.7358	33.0742	33.4401
September	33.7072	32.7709	33.3219
October	32.7670	31.7939	32.2733
November	31.7706	31.0904	31.4005
December	31.1421	30.4494	30.9288