2023 TRY to SCR Historical Review

YEARLY HIGH

0.7523 SCR

YEARLY LOW

0.4461 SCR

YEARLY AVERAGE

0.5838 SCR

2023 TRY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.7523. Conversely, the yearly low was recorded on December 10, dropping to 0.4461.

This high-to-low spread represents a total annual volatility of 0.3062 SCR. From a start-to-finish perspective, comparing the January average rate of 0.7212 to the December average rate of 0.4617, the exchange rate registered a net change of -35.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7523 was down 33.41% compared to the 2022 peak of 1.1298, 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 37,616 SCR

2022 Average 41,591 SCR

Yearly Trough Low 22,304 SCR

Transaction Impact: A difference of 15,311.18 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7471

0.4357

JanuMarcMayJulySeptNove

TRY to SCR 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 0.6853, compared to 0.4823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2029 points.

H1 Avg (Jan–Jun) 0.6853

H2 Avg (Jul–Dec) 0.4823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1666 SCR (High: 0.6705 / Low: 0.5039). On the other end, November was the most stable month, with a tight range of 0.0288 SCR (High: 0.4808 / Low: 0.4521).

June Spread (Volatile) ±0.1666

November Spread (Stable) ±0.0288

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 0.1024 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7212) against the same month in 2022 (average: 1.0180), the exchange rate shifted by -0.2968 (-29.16%).

2023 Avg (January) 0.7212

2022 Avg (January) 1.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7523	0.6888	0.7212
February	0.7519	0.6896	0.7193
March	0.7439	0.6782	0.7087
April	0.7306	0.6655	0.6988
May	0.7142	0.6368	0.6831
June	0.6705	0.5039	0.5807
July	0.5403	0.4835	0.5050
August	0.5192	0.4875	0.4969
September	0.5046	0.4708	0.4865
October	0.5027	0.4523	0.4780
November	0.4808	0.4521	0.4661
December	0.4783	0.4461	0.4617