Indicator notes

Pressure on the Turkish lira on October 3, 2026: 41.7 out of 100, in the “Low pressure” zone. The previous reading, on October 2, 2026, was 55.9 (“High pressure”): the indicator fell sharply by 14.2 points and crossed the 55 and 45 boundaries. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “High pressure” zone for 3 trading days in a row. Biggest component moves: “International reserves” at 15.8 versus 68.7 and “Currency weakening” at 67.3 versus 71.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 30, 2026: 56.8 out of 100, in the “High pressure” zone. The previous reading, on September 29, 2026, was 54.0 (“Moderate pressure”): the indicator rose by 2.8 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Currency weakening” at 76.2 versus 67.7 and “Exchange rate volatility” at 12.2 versus 9.4. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 26, 2026: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on September 25, 2026, was 55.1 (“High pressure”): the indicator fell slightly by 0.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 8 trading days in a row. Biggest component moves: “Currency weakening” at 69.3 versus 72.0 and “Exchange rate volatility” at 9.3 versus 9.2. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 16, 2026: 58.1 out of 100, in the “High pressure” zone. The previous reading, on September 15, 2026, was 54.7 (“Moderate pressure”): the indicator rose by 3.4 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Exchange rate volatility” at 15.9 versus 8.9 and “Currency weakening” at 76.8 versus 70.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 15, 2026: 54.7 out of 100, in the “Moderate pressure” zone. The previous reading, on September 12, 2026, was 55.8 (“High pressure”): the indicator fell slightly by 1.1 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 4 trading days in a row. Biggest component moves: “International reserves” at 69.9 versus 72.2 and “Currency weakening” at 70.1 versus 72.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 9, 2026: 56.9 out of 100, in the “High pressure” zone. The previous reading, on September 8, 2026, was 54.9 (“Moderate pressure”): the indicator rose by 2.0 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Currency weakening” at 76.5 versus 70.0 and “Exchange rate volatility” at 8.5 versus 7.0. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 8, 2026: 54.9 out of 100, in the “Moderate pressure” zone. The previous reading, on September 5, 2026, was 55.4 (“High pressure”): the indicator fell slightly by 0.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 9 trading days in a row. Biggest component moves: “Currency weakening” at 70.0 versus 72.8 and “Exchange rate volatility” at 7.0 versus 6.0. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on August 26, 2026: 56.5 out of 100, in the “High pressure” zone. The previous reading, on August 25, 2026, was 54.8 (“Moderate pressure”): the indicator rose slightly by 1.7 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Currency weakening” at 76.8 versus 71.9 and “Exchange rate volatility” at 5.8 versus 3.9. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on August 25, 2026: 54.8 out of 100, in the “Moderate pressure” zone. The previous reading, on August 22, 2026, was 55.3 (“High pressure”): the indicator fell slightly by 0.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 71 trading days in a row. Biggest component moves: “Currency weakening” at 71.9 versus 73.8 and “Exchange rate volatility” at 3.9 versus 3.8. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on July 2, 2026: 62.9 out of 100, in the “High pressure” zone. The previous reading, on July 1, 2026, was 73.0: the indicator fell sharply by 10.1 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator has now spent 34 trading days in a row in this zone. Biggest component moves: “Exchange rate volatility” at 8.1 versus 47.8 and “Currency weakening” at 75.1 versus 75.6. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 15, 2026: 65.4 out of 100, in the “High pressure” zone. The previous reading, on May 14, 2026, was 48.5 (“Moderate pressure”): the indicator rose sharply by 16.9 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “International reserves” at 99.9 versus 27.5 and “Exchange rate volatility” at 37.5 versus 41.9. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 13, 2026: 48.8 out of 100, in the “Moderate pressure” zone. The previous reading, on May 9, 2026, was 44.8 (“Low pressure”): the indicator rose by 4.0 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 42.2 versus 33.4 and “Currency weakening” at 59.2 versus 52.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 9, 2026: 44.8 out of 100, in the “Low pressure” zone. The previous reading, on May 8, 2026, was 45.5 (“Moderate pressure”): the indicator fell slightly by 0.7 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 33.4 versus 35.3 and “Currency weakening” at 52.1 versus 53.2. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 6, 2026: 47.2 out of 100, in the “Moderate pressure” zone. The previous reading, on May 5, 2026, was 42.3 (“Low pressure”): the indicator rose by 4.9 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 29 trading days in a row. Biggest component moves: “Currency weakening” at 54.0 versus 43.3 and “Exchange rate volatility” at 41.9 versus 33.3. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 25, 2026: 28.3 out of 100, in the “Low pressure” zone. The previous reading, on March 24, 2026, was 20.4 (“Calm”): the indicator rose by 7.9 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Calm” zone for 4 trading days in a row. Biggest component moves: “Currency weakening” at 37.1 versus 21.1 and “Exchange rate volatility” at 20.2 versus 4.7. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 19, 2026: 24.6 out of 100, in the “Calm” zone. The previous reading, on March 18, 2026, was 26.8 (“Low pressure”): the indicator fell by 2.2 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 11.8 versus 18.6 and “Currency weakening” at 31.3 versus 33.5. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 18, 2026: 26.8 out of 100, in the “Low pressure” zone. The previous reading, on March 17, 2026, was 21.8 (“Calm”): the indicator rose by 5.0 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Calm” zone. Biggest component moves: “Currency weakening” at 33.5 versus 22.1 and “Exchange rate volatility” at 18.6 versus 10.4. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on March 17, 2026: 21.8 out of 100, in the “Calm” zone. The previous reading, on March 14, 2026, was 35.0 (“Low pressure”): the indicator fell sharply by 13.2 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. Biggest component moves: “International reserves” at 12.8 versus 64.8 and “Currency weakening” at 22.1 versus 27.2. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on December 16, 2025: 28.0 out of 100, in the “Low pressure” zone. The previous reading, on December 13, 2025, was 20.1 (“Calm”): the indicator rose by 7.9 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Calm” zone for 64 trading days in a row. Biggest component moves: “International reserves” at 38.8 versus 6.3 and “Currency weakening” at 12.3 versus 13.3. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on September 16, 2025: 15.3 out of 100, in the “Calm” zone. The previous reading, on September 13, 2025, was 34.0 (“Low pressure”): the indicator fell sharply by 18.7 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. Before that the indicator had stayed in the “Low pressure” zone for 29 trading days in a row. Biggest component moves: “International reserves” at 0.1 versus 75.9 and “Exchange rate volatility” at 8.3 versus 6.6. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on August 6, 2025: 40.7 out of 100, in the “Low pressure” zone. The previous reading, on August 5, 2025, was 47.3 (“Moderate pressure”): the indicator fell by 6.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 9 trading days in a row. Biggest component moves: “Exchange rate volatility” at 2.9 versus 30.6 and “Currency weakening” at 45.7 versus 44.8. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on July 24, 2025: 51.8 out of 100, in the “Moderate pressure” zone. The previous reading, on July 23, 2025, was 55.4 (“High pressure”): the indicator fell by 3.6 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 45.0 versus 58.3 and “Currency weakening” at 49.6 versus 50.9. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on July 23, 2025: 55.4 out of 100, in the “High pressure” zone. The previous reading, on July 22, 2025, was 54.9 (“Moderate pressure”): the indicator rose slightly by 0.5 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Currency weakening” at 50.9 versus 48.0 and “Exchange rate volatility” at 58.3 versus 59.7. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on July 22, 2025: 54.9 out of 100, in the “Moderate pressure” zone. The previous reading, on July 19, 2025, was 55.1 (“High pressure”): the indicator fell slightly by 0.2 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 25 trading days in a row. Biggest component moves: “Currency weakening” at 48.0 versus 48.3 and “Exchange rate volatility” at 59.7 versus 59.8. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 17, 2025: 61.2 out of 100, in the “High pressure” zone. The previous reading, on June 12, 2025, was 52.0 (“Moderate pressure”): the indicator rose by 9.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 8 trading days in a row. Biggest component moves: “International reserves” at 95.7 versus 67.0 and “Exchange rate volatility” at 45.0 versus 38.9. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 3, 2025: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on May 31, 2025, was 55.8 (“High pressure”): the indicator fell slightly by 1.4 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 8 trading days in a row. Biggest component moves: “Exchange rate volatility” at 46.5 versus 51.9 and “Currency weakening” at 52.3 versus 52.4. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 22, 2025: 57.7 out of 100, in the “High pressure” zone. The previous reading, on May 21, 2025, was 54.6 (“Moderate pressure”): the indicator rose by 3.1 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 58.6 versus 50.5 and “Currency weakening” at 53.3 versus 49.2. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 16, 2025: 53.2 out of 100, in the “Moderate pressure” zone. The previous reading, on May 15, 2025, was 55.5 (“High pressure”): the indicator fell by 2.3 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 38.3 versus 45.2 and “Currency weakening” at 55.6 versus 57.7. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 15, 2025: 55.5 out of 100, in the “High pressure” zone. The previous reading, on May 14, 2025, was 52.1 (“Moderate pressure”): the indicator rose by 3.4 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “International reserves” at 65.0 versus 50.4 and “Exchange rate volatility” at 45.2 versus 46.2. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 13, 2025: 50.8 out of 100, in the “Moderate pressure” zone. The previous reading, on May 8, 2025, was 41.1 (“Low pressure”): the indicator rose by 9.7 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 13 trading days in a row. Biggest component moves: “Central bank policy rate” at 54.1 versus 12.7 and “Exchange rate volatility” at 43.4 versus 45.9. This describes that date's reading; it is not a forecast.