2023 TRY to LBP Historical Review

YEARLY HIGH

817.7954 LBP

YEARLY LOW

80.1413 LBP

YEARLY AVERAGE

582.9969 LBP

2023 TRY to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 817.7954. Conversely, the yearly low was recorded on January 14, dropping to 80.1413.

This high-to-low spread represents a total annual volatility of 737.6541 LBP. From a start-to-finish perspective, comparing the January average rate of 80.7145 to the December average rate of 517.2092, the exchange rate registered a net change of 540.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 817.7954 was up 607.04% compared to the 2022 peak of 115.6653, 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 40,889,772 LBP

2022 Average 4,637,793 LBP

Yearly Trough Low 4,007,065 LBP

Transaction Impact: A difference of 36,882,707.09 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

864.6942

9.4436

JanuMarcMayJulySeptNove

TRY to LBP 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 621.7587, compared to 544.2352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 77.5235 points.

H1 Avg (Jan–Jun) 621.7587

H2 Avg (Jul–Dec) 544.2352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 737.6337 LBP (High: 817.7954 / Low: 80.1617). On the other end, January was the most stable month, with a tight range of 1.3437 LBP (High: 81.4850 / Low: 80.1413).

February Spread (Volatile) ±737.6337

January Spread (Stable) ±1.3437

Growth Streaks & Declines

Trends

Between January and March, 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 122.5752 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -122.5752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 672.2451) against the same month in 2022 (average: 110.9781), the exchange rate shifted by +561.2669 (+505.75%).

2023 Avg (February) 672.2451

2022 Avg (February) 110.9781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	81.4850	80.1413	80.7145
February	817.7954	80.1617	672.2451
March	805.8933	778.0838	793.4234
April	792.6592	765.1229	780.4389
May	783.3863	727.4199	763.1527
June	721.6261	576.3458	640.5775
July	584.8958	555.3790	569.2062
August	583.0044	553.4039	559.5276
September	565.2000	547.7627	557.3438
October	547.7510	530.2058	538.6122
November	530.5290	519.0369	523.5122
December	521.9445	509.9283	517.2092