2023 TRY to TTD Historical Review

YEARLY HIGH

0.3639 TTD

YEARLY LOW

0.2303 TTD

YEARLY AVERAGE

0.2944 TTD

2023 TRY to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.3639. Conversely, the yearly low was recorded on December 29, dropping to 0.2303.

This high-to-low spread represents a total annual volatility of 0.1336 TTD. From a start-to-finish perspective, comparing the January average rate of 0.3615 to the December average rate of 0.2336, the exchange rate registered a net change of -35.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3639 was down 30.11% compared to the 2022 peak of 0.5207, 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 18,196 TTD

2022 Average 20,776 TTD

Yearly Trough Low 11,514 TTD

Transaction Impact: A difference of 6,682.43 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3743

0.2208

JanuMarcMayJulySeptNove

TRY to TTD 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 0.3433, compared to 0.2455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0978 points.

H1 Avg (Jan–Jun) 0.3433

H2 Avg (Jul–Dec) 0.2455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0645 TTD (High: 0.3248 / Low: 0.2603). On the other end, January was the most stable month, with a tight range of 0.0036 TTD (High: 0.3636 / Low: 0.3600).

June Spread (Volatile) ±0.0645

January Spread (Stable) ±0.0036

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 0.0559 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3603) against the same month in 2022 (average: 0.4973), the exchange rate shifted by -0.1370 (-27.55%).

2023 Avg (February) 0.3603

2022 Avg (February) 0.4973

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3636	0.3600	0.3615
February	0.3639	0.3577	0.3603
March	0.3602	0.3518	0.3568
April	0.3534	0.3447	0.3506
May	0.3489	0.3270	0.3432
June	0.3248	0.2603	0.2874
July	0.2620	0.2513	0.2561
August	0.2621	0.2491	0.2521
September	0.2545	0.2472	0.2511
October	0.2474	0.2396	0.2432
November	0.2393	0.2343	0.2366
December	0.2359	0.2303	0.2336