2023 TRY to LSL Historical Review

YEARLY HIGH

0.9825 LSL

YEARLY LOW

0.6266 LSL

YEARLY AVERAGE

0.7983 LSL

2023 TRY to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9825. Conversely, the yearly low was recorded on December 29, dropping to 0.6266.

This high-to-low spread represents a total annual volatility of 0.3559 LSL. From a start-to-finish perspective, comparing the January average rate of 0.9107 to the December average rate of 0.6416, the exchange rate registered a net change of -29.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9825 was down 18.88% compared to the 2022 peak of 1.2112, 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 49,127 LSL

2022 Average 49,729 LSL

Yearly Trough Low 31,330 LSL

Transaction Impact: A difference of 17,797.30 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9950

0.6095

JanuMarcMayJulySeptNove

TRY to LSL 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 0.9194, compared to 0.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2422 points.

H1 Avg (Jan–Jun) 0.9194

H2 Avg (Jul–Dec) 0.6772

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2335 LSL (High: 0.9461 / Low: 0.7126). On the other end, September was the most stable month, with a tight range of 0.0280 LSL (High: 0.7164 / Low: 0.6884).

June Spread (Volatile) ±0.2335

September Spread (Stable) ±0.0280

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 0.1687 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9614) against the same month in 2022 (average: 1.0273), the exchange rate shifted by -0.0659 (-6.42%).

2023 Avg (March) 0.9614

2022 Avg (March) 1.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9268	0.8946	0.9107
February	0.9760	0.9082	0.9499
March	0.9825	0.9297	0.9614
April	0.9540	0.9247	0.9376
May	0.9821	0.9378	0.9629
June	0.9461	0.7126	0.7942
July	0.7341	0.6521	0.6888
August	0.7199	0.6678	0.6985
September	0.7164	0.6884	0.7020
October	0.7046	0.6638	0.6834
November	0.6850	0.6334	0.6490
December	0.6595	0.6266	0.6416