2024 ANG to TRY Historical Review

YEARLY HIGH

19.6214 TRY

YEARLY LOW

16.3503 TRY

YEARLY AVERAGE

18.2489 TRY

2024 ANG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.6214. Conversely, the yearly low was recorded on January 1, dropping to 16.3503.

This high-to-low spread represents a total annual volatility of 3.2711 TRY. From a start-to-finish perspective, comparing the January average rate of 16.7000 to the December average rate of 19.4283, the exchange rate registered a net change of 16.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.6214 was up 19.98% compared to the 2023 peak of 16.3539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,107 TRY

2023 Average 66,121 TRY

Yearly Trough Low 81,751 TRY

Transaction Impact: A difference of 16,355.73 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7012

16.4272

JanuMarcMayJulySeptNove

ANG 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 17.5919, compared to 18.9058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3140 points.

H1 Avg (Jan–Jun) 17.5919

H2 Avg (Jul–Dec) 18.9058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6098 TRY (High: 19.0305 / Low: 18.4207). On the other end, October was the most stable month, with a tight range of 0.1156 TRY (High: 19.0442 / Low: 18.9286).

August Spread (Volatile) ±0.6098

October Spread (Stable) ±0.1156

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0530 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.4283) against the same month in 2023 (average: 16.1302), the exchange rate shifted by +3.2981 (+20.45%).

2024 Avg (December) 19.4283

2023 Avg (December) 16.1302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8781	16.3503	16.7000
February	17.3598	16.8057	17.0872
March	18.0180	17.4247	17.8003
April	18.1420	17.7400	17.9638
May	18.0221	17.8174	17.9109
June	18.2777	17.8657	18.0891
July	18.4172	18.0646	18.2727
August	19.0305	18.4207	18.7161
September	18.9857	18.8137	18.8989
October	19.0442	18.9286	18.9976
November	19.2876	18.9634	19.1215
December	19.6214	19.2544	19.4283