2023 XDR to TRY Historical Review

YEARLY HIGH

39.5578 TRY

YEARLY LOW

24.8704 TRY

YEARLY AVERAGE

31.7286 TRY

2023 XDR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 39.5578. Conversely, the yearly low was recorded on January 1, dropping to 24.8704.

This high-to-low spread represents a total annual volatility of 14.6874 TRY. From a start-to-finish perspective, comparing the January average rate of 25.2319 to the December average rate of 38.8106, the exchange rate registered a net change of 53.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.5578 was up 51.17% compared to the 2022 peak of 26.1671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,789 TRY

2022 Average 113,487 TRY

Yearly Trough Low 124,352 TRY

Transaction Impact: A difference of 73,437.04 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.1685

23.8741

JanuMarcMayJulySeptNove

XDR 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 26.6968, compared to 36.7605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.0637 points.

H1 Avg (Jan–Jun) 26.6968

H2 Avg (Jul–Dec) 36.7605

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 6.9529 TRY (High: 34.7956 / Low: 27.8428). On the other end, February was the most stable month, with a tight range of 0.4923 TRY (High: 25.5452 / Low: 25.0530).

June Spread (Volatile) ±6.9529

February Spread (Stable) ±0.4923

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2274 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 38.8106) against the same month in 2022 (average: 24.7690), the exchange rate shifted by +14.0416 (+56.69%).

2023 Avg (December) 38.8106

2022 Avg (December) 24.7690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.4349	24.8704	25.2319
February	25.5452	25.0530	25.2458
March	25.7842	25.0225	25.3538
April	26.6327	25.7842	26.1084
May	27.6517	26.1999	26.5851
June	34.7956	27.8428	31.6556
July	36.5598	34.4906	35.5802
August	36.5502	34.4593	35.9362
September	36.0046	35.4238	35.7088
October	37.1774	35.9670	36.6251
November	38.5688	37.1367	37.9017
December	39.5578	38.2068	38.8106