The BIST 100 in dollars in 2023
In 2023 the BIST 100 moved -14.1% in dollars and +35.6% in lira. The year-end dollar level was $253.06, with the index at 7,470 points.
The same year the index rose in lira and fell in dollars: +35.6% against -14.1%. The lira chart shows a gain; purchasing power fell.
For comparison: at the end of 2017 the index closed at $305.37 in dollars. At the 27 Oct 2026 close it stood at $224.00, -26.6% since 2017.
The return is that year's last close divided by the prior year's last close. Each close is converted at its own day's USDTRY rate.
How did the BIST 100 do in dollars in 2023?
In 2023 the BIST 100 moved -14.1% in dollars and +35.6% in lira. The year-end dollar level was $253.06.
Why can lira rise while dollars fall?
When the lira weakens, the same index is worth more lira. The dollar return removes that unit-of-measure effect.