2023 TRY to XDR Historical Review

YEARLY HIGH

0.0402 XDR

YEARLY LOW

0.0253 XDR

YEARLY AVERAGE

0.0325 XDR

2023 TRY to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0402. Conversely, the yearly low was recorded on December 29, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0149 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0258, the exchange rate registered a net change of -34.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0402 was down 26.22% compared to the 2022 peak of 0.0545, 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 2,010 XDR

2022 Average 2,229 XDR

Yearly Trough Low 1,264 XDR

Transaction Impact: A difference of 746.45 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0410

0.0244

JanuMarcMayJulySeptNove

TRY to XDR 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 0.0377, compared to 0.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.0377

H2 Avg (Jul–Dec) 0.0272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0072 XDR (High: 0.0359 / Low: 0.0287). On the other end, September was the most stable month, with a tight range of 0.0005 XDR (High: 0.0282 / Low: 0.0278).

June Spread (Volatile) ±0.0072

September 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 0.0059 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0396) against the same month in 2022 (average: 0.0527), the exchange rate shifted by -0.0130 (-24.77%).

2023 Avg (January) 0.0396

2022 Avg (January) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0402	0.0393	0.0396
February	0.0399	0.0391	0.0396
March	0.0400	0.0388	0.0394
April	0.0388	0.0375	0.0383
May	0.0382	0.0362	0.0376
June	0.0359	0.0287	0.0317
July	0.0290	0.0274	0.0281
August	0.0290	0.0274	0.0278
September	0.0282	0.0278	0.0280
October	0.0278	0.0269	0.0273
November	0.0269	0.0259	0.0264
December	0.0262	0.0253	0.0258