2023 TRY to LYD Historical Review

YEARLY HIGH

0.2583 LYD

YEARLY LOW

0.1612 LYD

YEARLY AVERAGE

0.2085 LYD

2023 TRY to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2583. Conversely, the yearly low was recorded on December 28, dropping to 0.1612.

This high-to-low spread represents a total annual volatility of 0.0971 LYD. From a start-to-finish perspective, comparing the January average rate of 0.2546 to the December average rate of 0.1652, the exchange rate registered a net change of -35.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2583 was down 26.66% compared to the 2022 peak of 0.3522, 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 12,913 LYD

2022 Average 14,657 LYD

Yearly Trough Low 8,061 LYD

Transaction Impact: A difference of 4,852.67 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2635

0.1563

JanuMarcMayJulySeptNove

TRY to LYD 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 0.2423, compared to 0.1747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0676 points.

H1 Avg (Jan–Jun) 0.2423

H2 Avg (Jul–Dec) 0.1747

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0475 LYD (High: 0.2310 / Low: 0.1835). On the other end, September was the most stable month, with a tight range of 0.0028 LYD (High: 0.1808 / Low: 0.1780).

June Spread (Volatile) ±0.0475

September Spread (Stable) ±0.0028

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 0.0379 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2546) against the same month in 2022 (average: 0.3392), the exchange rate shifted by -0.0846 (-24.95%).

2023 Avg (January) 0.2546

2022 Avg (January) 0.3392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2583	0.2525	0.2546
February	0.2567	0.2514	0.2544
March	0.2563	0.2492	0.2529
April	0.2492	0.2423	0.2462
May	0.2447	0.2323	0.2419
June	0.2310	0.1835	0.2040
July	0.1858	0.1754	0.1802
August	0.1862	0.1763	0.1787
September	0.1808	0.1780	0.1796
October	0.1781	0.1728	0.1754
November	0.1725	0.1660	0.1691
December	0.1673	0.1612	0.1652