2023 TRY to LAK Historical Review

YEARLY HIGH

925.8840 LAK

YEARLY LOW

695.2200 LAK

YEARLY AVERAGE

799.3478 LAK

2023 TRY to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 925.8840. Conversely, the yearly low was recorded on December 28, dropping to 695.2200.

This high-to-low spread represents a total annual volatility of 230.6640 LAK. From a start-to-finish perspective, comparing the January average rate of 904.6321 to the December average rate of 709.8192, the exchange rate registered a net change of -21.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 925.8840 was down 6.58% compared to the 2022 peak of 991.1000, 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 46,294,201 LAK

2022 Average 42,888,258 LAK

Yearly Trough Low 34,761,002 LAK

Transaction Impact: A difference of 11,533,198.72 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

924.1134

690.3379

JanuMarcMayJulySeptNove

TRY to LAK 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 873.3242, compared to 725.3715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 147.9527 points.

H1 Avg (Jan–Jun) 873.3242

H2 Avg (Jul–Dec) 725.3715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 137.6178 LAK (High: 857.5491 / Low: 719.9312). On the other end, September was the most stable month, with a tight range of 13.5289 LAK (High: 745.3817 / Low: 731.8527).

June Spread (Volatile) ±137.6178

September Spread (Stable) ±13.5289

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 110.0933 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -110.0933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 904.6321) against the same month in 2022 (average: 833.7589), the exchange rate shifted by +70.8732 (+8.50%).

2023 Avg (January) 904.6321

2022 Avg (January) 833.7589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	925.8840	894.2040	904.6321
February	903.0162	887.2154	895.2456
March	896.4018	875.0854	888.1697
April	892.9592	876.3296	886.3450
May	896.7251	855.5128	887.8231
June	857.5491	719.9312	777.7298
July	736.9389	707.1543	721.8500
August	751.8236	701.9462	722.4313
September	745.3817	731.8527	737.6592
October	745.9360	731.1724	738.5896
November	731.6452	714.7701	721.8795
December	717.6094	695.2200	709.8192