2023 TRY to WST Historical Review

YEARLY HIGH

0.1443 WST

YEARLY LOW

0.0947 WST

YEARLY AVERAGE

0.1183 WST

2023 TRY to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1443. Conversely, the yearly low was recorded on December 28, dropping to 0.0947.

This high-to-low spread represents a total annual volatility of 0.0496 WST. From a start-to-finish perspective, comparing the January average rate of 0.1436 to the December average rate of 0.0962, the exchange rate registered a net change of -33.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1443 was down 27.53% compared to the 2022 peak of 0.1991, 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 7,216 WST

2022 Average 8,165 WST

Yearly Trough Low 4,737 WST

Transaction Impact: A difference of 2,479.48 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1484

0.0915

JanuMarcMayJulySeptNove

TRY to WST 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 0.1372, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 0.1372

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0259 WST (High: 0.1304 / Low: 0.1045). On the other end, February was the most stable month, with a tight range of 0.0005 WST (High: 0.1433 / Low: 0.1428).

June Spread (Volatile) ±0.0259

February Spread (Stable) ±0.0005

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 0.0224 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1436) against the same month in 2022 (average: 0.1923), the exchange rate shifted by -0.0486 (-25.30%).

2023 Avg (January) 0.1436

2022 Avg (January) 0.1923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1443	0.1434	0.1436
February	0.1433	0.1428	0.1431
March	0.1433	0.1406	0.1420
April	0.1421	0.1401	0.1409
May	0.1400	0.1313	0.1379
June	0.1304	0.1045	0.1155
July	0.1059	0.1009	0.1029
August	0.1049	0.0999	0.1010
September	0.1018	0.0990	0.1007
October	0.1001	0.0969	0.0986
November	0.0988	0.0967	0.0977
December	0.0969	0.0947	0.0962