2023 TRY to SVC Historical Review

YEARLY HIGH

0.4689 SVC

YEARLY LOW

0.2969 SVC

YEARLY AVERAGE

0.3795 SVC

2023 TRY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4689. Conversely, the yearly low was recorded on December 29, dropping to 0.2969.

This high-to-low spread represents a total annual volatility of 0.1720 SVC. From a start-to-finish perspective, comparing the January average rate of 0.4659 to the December average rate of 0.3010, the exchange rate registered a net change of -35.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4689 was down 30.03% compared to the 2022 peak of 0.6702, 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 23,446 SVC

2022 Average 26,778 SVC

Yearly Trough Low 14,844 SVC

Transaction Impact: A difference of 8,602.30 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4824

0.2845

JanuMarcMayJulySeptNove

TRY to SVC 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 0.4425, compared to 0.3164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1260 points.

H1 Avg (Jan–Jun) 0.4425

H2 Avg (Jul–Dec) 0.3164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0832 SVC (High: 0.4185 / Low: 0.3353). On the other end, January was the most stable month, with a tight range of 0.0044 SVC (High: 0.4682 / Low: 0.4638).

June Spread (Volatile) ±0.0832

January Spread (Stable) ±0.0044

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 0.0718 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4643) against the same month in 2022 (average: 0.6412), the exchange rate shifted by -0.1770 (-27.60%).

2023 Avg (February) 0.4643

2022 Avg (February) 0.6412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4682	0.4638	0.4659
February	0.4689	0.4612	0.4643
March	0.4649	0.4536	0.4598
April	0.4558	0.4439	0.4519
May	0.4491	0.4214	0.4424
June	0.4185	0.3353	0.3706
July	0.3377	0.3236	0.3302
August	0.3377	0.3213	0.3251
September	0.3277	0.3187	0.3239
October	0.3190	0.3086	0.3135
November	0.3087	0.3020	0.3049
December	0.3041	0.2969	0.3010