YEARLY HIGH
0.3036 PEN
YEARLY LOW
0.2032 PEN
YEARLY AVERAGE
0.2346 PEN

2022 TRY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3036. Conversely, the yearly low was recorded on December 29, dropping to 0.2032.

This high-to-low spread represents a total annual volatility of 0.1004 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2878 to the December average rate of 0.2051, the exchange rate registered a net change of -28.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3036 was down 42.21% compared to the 2021 peak of 0.5253, 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 15,178 PEN
2021 Average 22,369 PEN
Yearly Trough Low 10,159 PEN
Transaction Impact: A difference of 5,018.42 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2961
0.1968
JanuMarcMayJulySeptNove

TRY to PEN 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 0.2562, compared to 0.2130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 0.2562
H2 Avg (Jul–Dec) 0.2130

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0355 PEN (High: 0.2594 / Low: 0.2239). On the other end, October was the most stable month, with a tight range of 0.0033 PEN (High: 0.2152 / Low: 0.2120).

May Spread (Volatile) ±0.0355
October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0220 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.2878) against the same month in 2021 (average: 0.4902), the exchange rate shifted by -0.2024 (-41.29%).

2022 Avg (January) 0.2878
2021 Avg (January) 0.4902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3036 0.2819 0.2878
February 0.2887 0.2658 0.2779
March 0.2725 0.2502 0.2560
April 0.2585 0.2474 0.2540
May 0.2594 0.2239 0.2408
June 0.2282 0.2146 0.2208
July 0.2290 0.2187 0.2233
August 0.2193 0.2099 0.2149
September 0.2152 0.2101 0.2124
October 0.2152 0.2120 0.2139
November 0.2136 0.2045 0.2083
December 0.2073 0.2032 0.2051