2024 BTN to TRY Historical Review

YEARLY HIGH

0.4156 TRY

YEARLY LOW

0.3541 TRY

YEARLY AVERAGE

0.3930 TRY

2024 BTN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4156. Conversely, the yearly low was recorded on January 2, dropping to 0.3541.

This high-to-low spread represents a total annual volatility of 0.0616 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3621 to the December average rate of 0.4121, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4156 was up 17.30% compared to the 2023 peak of 0.3543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,078 TRY

2023 Average 1,442 TRY

Yearly Trough Low 1,770 TRY

Transaction Impact: A difference of 307.76 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4170

0.3571

JanuMarcMayJulySeptNove

BTN 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 0.3810, compared to 0.4051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.3810

H2 Avg (Jul–Dec) 0.4051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0124 TRY (High: 0.4088 / Low: 0.3964). On the other end, October was the most stable month, with a tight range of 0.0020 TRY (High: 0.4086 / Low: 0.4066).

August Spread (Volatile) ±0.0124

October Spread (Stable) ±0.0020

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 0.0011 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4121) against the same month in 2023 (average: 0.3493), the exchange rate shifted by +0.0628 (+17.98%).

2024 Avg (December) 0.4121

2023 Avg (December) 0.3493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3663	0.3541	0.3621
February	0.3773	0.3656	0.3712
March	0.3905	0.3788	0.3864
April	0.3917	0.3831	0.3883
May	0.3889	0.3859	0.3872
June	0.3948	0.3859	0.3905
July	0.3973	0.3899	0.3940
August	0.4088	0.3964	0.4021
September	0.4094	0.4041	0.4065
October	0.4086	0.4066	0.4075
November	0.4124	0.4043	0.4087
December	0.4156	0.4097	0.4121