2024 AWG to TRY Historical Review

YEARLY HIGH

19.6476 TRY

YEARLY LOW

16.4170 TRY

YEARLY AVERAGE

18.2596 TRY

2024 AWG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.6476. Conversely, the yearly low was recorded on January 1, dropping to 16.4170.

This high-to-low spread represents a total annual volatility of 3.2306 TRY. From a start-to-finish perspective, comparing the January average rate of 16.7058 to the December average rate of 19.4440, the exchange rate registered a net change of 16.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.6476 was up 19.65% compared to the 2023 peak of 16.4207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,238 TRY

2023 Average 66,152 TRY

Yearly Trough Low 82,085 TRY

Transaction Impact: A difference of 16,153.14 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7178

16.4319

JanuMarcMayJulySeptNove

AWG 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 17.5988, compared to 18.9203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3215 points.

H1 Avg (Jan–Jun) 17.5988

H2 Avg (Jul–Dec) 18.9203

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.6012 TRY (High: 18.0158 / Low: 17.4146). On the other end, October was the most stable month, with a tight range of 0.0850 TRY (High: 19.0571 / Low: 18.9721).

March Spread (Volatile) ±0.6012

October Spread (Stable) ±0.0850

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 0.0558 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.4440) against the same month in 2023 (average: 16.1568), the exchange rate shifted by +3.2872 (+20.35%).

2024 Avg (December) 19.4440

2023 Avg (December) 16.1568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8687	16.4170	16.7058
February	17.3867	16.9157	17.1057
March	18.0158	17.4146	17.7971
April	18.1250	17.7336	17.9705
May	18.0173	17.8155	17.9147
June	18.2986	17.8549	18.0993
July	18.4339	18.0737	18.2803
August	18.9428	18.4146	18.7153
September	19.0051	18.8163	18.9141
October	19.0571	18.9721	19.0256
November	19.2638	19.0033	19.1425
December	19.6476	19.2584	19.4440