YEARLY HIGH
0.3194 MYR
YEARLY LOW
0.2345 MYR
YEARLY AVERAGE
0.2684 MYR

2022 TRY to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3194. Conversely, the yearly low was recorded on December 5, dropping to 0.2345.

This high-to-low spread represents a total annual volatility of 0.0849 MYR. From a start-to-finish perspective, comparing the January average rate of 0.3096 to the December average rate of 0.2366, the exchange rate registered a net change of -23.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3194 was down 44.93% compared to the 2021 peak of 0.5800, 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 15,972 MYR
2021 Average 23,958 MYR
Yearly Trough Low 11,726 MYR
Transaction Impact: A difference of 4,246.13 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3169
0.2292
JanuMarcMayJulySeptNove

TRY to MYR 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 0.2890, compared to 0.2478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 0.2890
H2 Avg (Jul–Dec) 0.2478

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0290 MYR (High: 0.2954 / Low: 0.2664). On the other end, December was the most stable month, with a tight range of 0.0033 MYR (High: 0.2378 / Low: 0.2345).

May Spread (Volatile) ±0.0290
December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between August and October, 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 0.0215 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.3096) against the same month in 2021 (average: 0.5458), the exchange rate shifted by -0.2361 (-43.27%).

2022 Avg (January) 0.3096
2021 Avg (January) 0.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3194 0.3034 0.3096
February 0.3127 0.2985 0.3069
March 0.3019 0.2821 0.2873
April 0.2950 0.2858 0.2900
May 0.2954 0.2664 0.2809
June 0.2675 0.2535 0.2594
July 0.2631 0.2481 0.2545
August 0.2494 0.2458 0.2477
September 0.2506 0.2461 0.2479
October 0.2548 0.2493 0.2525
November 0.2571 0.2403 0.2479
December 0.2378 0.2345 0.2366