YEARLY HIGH
2.1160 TWD
YEARLY LOW
1.6370 TWD
YEARLY AVERAGE
1.8151 TWD

2022 TRY to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.1160. Conversely, the yearly low was recorded on December 14, dropping to 1.6370.

This high-to-low spread represents a total annual volatility of 0.4791 TWD. From a start-to-finish perspective, comparing the January average rate of 2.0440 to the December average rate of 1.6455, the exchange rate registered a net change of -19.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1160 was down 47.40% compared to the 2021 peak of 4.0230, 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 105,802 TWD
2021 Average 161,701 TWD
Yearly Trough Low 81,849 TWD
Transaction Impact: A difference of 23,952.75 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0838
1.6057
JanuMarcMayJulySeptNove

TRY to TWD 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 1.9410, compared to 1.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2517 points.

H1 Avg (Jan–Jun) 1.9410
H2 Avg (Jul–Dec) 1.6893

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2229 TWD (High: 1.9917 / Low: 1.7688). On the other end, December was the most stable month, with a tight range of 0.0156 TWD (High: 1.6525 / Low: 1.6370).

May Spread (Volatile) ±0.2229
December Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1512 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.0440) against the same month in 2021 (average: 3.7829), the exchange rate shifted by -1.7389 (-45.97%).

2022 Avg (January) 2.0440
2021 Avg (January) 3.7829

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1160 1.9903 2.0440
February 2.0741 1.9881 2.0424
March 2.0199 1.9077 1.9437
April 1.9973 1.9462 1.9758
May 1.9917 1.7688 1.8956
June 1.7910 1.7079 1.7444
July 1.7801 1.6667 1.7118
August 1.6858 1.6579 1.6691
September 1.7271 1.6783 1.7044
October 1.7376 1.6963 1.7194
November 1.7322 1.6524 1.6853
December 1.6525 1.6370 1.6455