2023 TRY to KZT Historical Review

YEARLY HIGH

24.8452 KZT

YEARLY LOW

15.4343 KZT

YEARLY AVERAGE

19.7728 KZT

2023 TRY to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 24.8452. Conversely, the yearly low was recorded on December 28, dropping to 15.4343.

This high-to-low spread represents a total annual volatility of 9.4110 KZT. From a start-to-finish perspective, comparing the January average rate of 24.6296 to the December average rate of 15.7796, the exchange rate registered a net change of -35.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.8452 was down 31.26% compared to the 2022 peak of 36.1446, 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 1,242,261 KZT

2022 Average 1,409,638 KZT

Yearly Trough Low 771,713 KZT

Transaction Impact: A difference of 470,547.56 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

25.5146

14.8946

JanuMarcMayJulySeptNove

TRY to KZT 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 22.8743, compared to 16.6714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2029 points.

H1 Avg (Jan–Jun) 22.8743

H2 Avg (Jul–Dec) 16.6714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 4.2126 KZT (High: 21.4621 / Low: 17.2495). On the other end, January was the most stable month, with a tight range of 0.4107 KZT (High: 24.8452 / Low: 24.4346).

June Spread (Volatile) ±4.2126

January Spread (Stable) ±0.4107

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.5658 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.5658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 24.6296) against the same month in 2022 (average: 32.1801), the exchange rate shifted by -7.5504 (-23.46%).

2023 Avg (January) 24.6296

2022 Avg (January) 32.1801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.8452	24.4346	24.6296
February	24.5600	23.5632	23.9529
March	24.4560	22.8020	23.7482
April	23.7156	22.9222	23.3461
May	23.1711	21.5625	22.5672
June	21.4621	17.2495	19.0015
July	17.4252	16.4702	16.8169
August	17.7328	16.3617	16.8396
September	17.5990	17.1337	17.3477
October	17.4177	16.5651	17.0846
November	16.5857	15.8594	16.1600
December	15.9862	15.4343	15.7796