2023 TRY to SLL Historical Review

YEARLY HIGH

945.0924 SLL

YEARLY LOW

654.7313 SLL

YEARLY AVERAGE

817.1341 SLL

2023 TRY to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 945.0924. Conversely, the yearly low was recorded on July 24, dropping to 654.7313.

This high-to-low spread represents a total annual volatility of 290.3610 SLL. From a start-to-finish perspective, comparing the January average rate of 940.5832 to the December average rate of 720.6234, the exchange rate registered a net change of -23.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 945.0924 was down 1.18% compared to the 2022 peak of 956.3850, 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 47,254,618 SLL

2022 Average 41,348,396 SLL

Yearly Trough Low 32,736,566 SLL

Transaction Impact: A difference of 14,518,051.70 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

966.3163

657.5187

JanuMarcMayJulySeptNove

TRY to SLL 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 893.7756, compared to 740.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 153.2831 points.

H1 Avg (Jan–Jun) 893.7756

H2 Avg (Jul–Dec) 740.4925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 168.0637 SLL (High: 845.1828 / Low: 677.1191). On the other end, February was the most stable month, with a tight range of 3.4569 SLL (High: 938.7189 / Low: 935.2620).

June Spread (Volatile) ±168.0637

February Spread (Stable) ±3.4569

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 145.3334 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -145.3334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 940.5832) against the same month in 2022 (average: 838.9497), the exchange rate shifted by +101.6335 (+12.11%).

2023 Avg (January) 940.5832

2022 Avg (January) 838.9497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	945.0924	938.9784	940.5832
February	938.7189	935.2620	937.1722
March	938.4147	920.9778	929.7209
April	921.0979	908.0785	913.2579
May	907.6766	850.9849	893.6264
June	845.1828	677.1191	748.2930
July	778.9301	654.7313	683.2519
August	809.3239	770.6108	779.1354
September	785.3599	763.5435	776.3809
October	763.4517	740.7807	751.9490
November	740.2367	724.3901	731.6146
December	725.5932	709.4552	720.6234