2023 TTD to TRY Historical Review

YEARLY HIGH

4.3426 TRY

YEARLY LOW

2.7478 TRY

YEARLY AVERAGE

3.5067 TRY

2023 TTD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 4.3426. Conversely, the yearly low was recorded on February 4, dropping to 2.7478.

This high-to-low spread represents a total annual volatility of 1.5948 TRY. From a start-to-finish perspective, comparing the January average rate of 2.7660 to the December average rate of 4.2805, the exchange rate registered a net change of 54.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.3426 was up 56.52% compared to the 2022 peak of 2.7746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 21,713 TRY

2022 Average 12,209 TRY

Yearly Trough Low 13,739 TRY

Transaction Impact: A difference of 7,974.03 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.4320

2.6145

JanuMarcMayJulySeptNove

TTD to TRY 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 2.9346, compared to 4.0789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1444 points.

H1 Avg (Jan–Jun) 2.9346

H2 Avg (Jul–Dec) 4.0789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.7630 TRY (High: 3.8417 / Low: 3.0787). On the other end, January was the most stable month, with a tight range of 0.0278 TRY (High: 2.7781 / Low: 2.7503).

June Spread (Volatile) ±0.7630

January Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4.2805) against the same month in 2022 (average: 2.7475), the exchange rate shifted by +1.5331 (+55.80%).

2023 Avg (December) 4.2805

2022 Avg (December) 2.7475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7781	2.7503	2.7660
February	2.7955	2.7478	2.7757
March	2.8425	2.7766	2.8029
April	2.9009	2.8294	2.8525
May	3.0586	2.8661	2.9141
June	3.8417	3.0787	3.4962
July	3.9797	3.8171	3.9050
August	4.0151	3.8158	3.9669
September	4.0453	3.9293	3.9828
October	4.1734	4.0418	4.1117
November	4.2683	4.1782	4.2269
December	4.3426	4.2383	4.2805