2024 ARS to TRY Historical Review

YEARLY HIGH

0.0380 TRY

YEARLY LOW

0.0341 TRY

YEARLY AVERAGE

0.0360 TRY

2024 ARS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0380. Conversely, the yearly low was recorded on December 28, dropping to 0.0341.

This high-to-low spread represents a total annual volatility of 0.0039 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0368 to the December average rate of 0.0343, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0380 was down 64.08% compared to the 2023 peak of 0.1058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190 TRY

2023 Average 434 TRY

Yearly Trough Low 171 TRY

Transaction Impact: A difference of 19.42 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0380

0.0340

JanuMarcMayJulySeptNove

ARS 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 0.0369, compared to 0.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0369

H2 Avg (Jul–Dec) 0.0351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 TRY (High: 0.0372 / Low: 0.0359). On the other end, December was the most stable month, with a tight range of 0.0005 TRY (High: 0.0346 / Low: 0.0341).

May Spread (Volatile) ±0.0013

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0377) against the same month in 2023 (average: 0.0938), the exchange rate shifted by -0.0561 (-59.83%).

2024 Avg (March) 0.0377

2023 Avg (March) 0.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0364	0.0368
February	0.0372	0.0366	0.0369
March	0.0380	0.0372	0.0377
April	0.0376	0.0369	0.0373
May	0.0372	0.0359	0.0364
June	0.0364	0.0357	0.0361
July	0.0360	0.0354	0.0357
August	0.0362	0.0356	0.0358
September	0.0357	0.0353	0.0355
October	0.0353	0.0346	0.0350
November	0.0348	0.0343	0.0345
December	0.0346	0.0341	0.0343