2023 XPF to TRY Historical Review

YEARLY HIGH

0.2741 TRY

YEARLY LOW

0.1655 TRY

YEARLY AVERAGE

0.2158 TRY

2023 XPF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2741. Conversely, the yearly low was recorded on January 5, dropping to 0.1655.

This high-to-low spread represents a total annual volatility of 0.1086 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1698 to the December average rate of 0.2664, the exchange rate registered a net change of 56.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2741 was up 63.22% compared to the 2022 peak of 0.1680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,371 TRY

2022 Average 728 TRY

Yearly Trough Low 827 TRY

Transaction Impact: A difference of 543.24 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2761

0.1593

JanuMarcMayJulySeptNove

XPF 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 0.1806, compared to 0.2511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0705 points.

H1 Avg (Jan–Jun) 0.1806

H2 Avg (Jul–Dec) 0.2511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0506 TRY (High: 0.2387 / Low: 0.1882). On the other end, September was the most stable month, with a tight range of 0.0029 TRY (High: 0.2431 / Low: 0.2402).

June Spread (Volatile) ±0.0506

September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0044 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2664) against the same month in 2022 (average: 0.1656), the exchange rate shifted by +0.1008 (+60.85%).

2023 Avg (December) 0.2664

2022 Avg (December) 0.1656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1721	0.1655	0.1698
February	0.1737	0.1670	0.1691
March	0.1753	0.1673	0.1706
April	0.1814	0.1738	0.1781
May	0.1860	0.1786	0.1803
June	0.2387	0.1882	0.2156
July	0.2536	0.2354	0.2454
August	0.2496	0.2345	0.2461
September	0.2431	0.2402	0.2417
October	0.2514	0.2412	0.2469
November	0.2667	0.2513	0.2599
December	0.2741	0.2609	0.2664