2023 VUV to TRY Historical Review

YEARLY HIGH

0.2490 TRY

YEARLY LOW

0.1583 TRY

YEARLY AVERAGE

0.2005 TRY

2023 VUV to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2490. Conversely, the yearly low was recorded on January 1, dropping to 0.1583.

This high-to-low spread represents a total annual volatility of 0.0906 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1591 to the December average rate of 0.2451, the exchange rate registered a net change of 54.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2490 was up 57.04% compared to the 2022 peak of 0.1585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,245 TRY

2022 Average 708 TRY

Yearly Trough Low 792 TRY

Transaction Impact: A difference of 453.10 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2537

0.1505

JanuMarcMayJulySeptNove

VUV 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 0.1680, compared to 0.2330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0651 points.

H1 Avg (Jan–Jun) 0.1680

H2 Avg (Jul–Dec) 0.2330

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0436 TRY (High: 0.2193 / Low: 0.1757). On the other end, February was the most stable month, with a tight range of 0.0006 TRY (High: 0.1600 / Low: 0.1594).

June Spread (Volatile) ±0.0436

February Spread (Stable) ±0.0006

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: 0.2451) against the same month in 2022 (average: 0.1578), the exchange rate shifted by +0.0873 (+55.29%).

2023 Avg (December) 0.2451

2022 Avg (December) 0.1578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1594	0.1583	0.1591
February	0.1600	0.1594	0.1597
March	0.1625	0.1595	0.1609
April	0.1635	0.1612	0.1626
May	0.1745	0.1636	0.1662
June	0.2193	0.1757	0.1993
July	0.2270	0.2164	0.2226
August	0.2292	0.2182	0.2267
September	0.2313	0.2249	0.2275
October	0.2384	0.2314	0.2349
November	0.2438	0.2386	0.2414
December	0.2490	0.2434	0.2451