2024 BZD to TRY Historical Review

YEARLY HIGH

17.6056 TRY

YEARLY LOW

14.6191 TRY

YEARLY AVERAGE

16.3189 TRY

2024 BZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 17.6056. Conversely, the yearly low was recorded on January 1, dropping to 14.6191.

This high-to-low spread represents a total annual volatility of 2.9865 TRY. From a start-to-finish perspective, comparing the January average rate of 14.9315 to the December average rate of 17.3962, the exchange rate registered a net change of 16.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6056 was up 20.40% compared to the 2023 peak of 14.6222, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,028 TRY

2023 Average 59,126 TRY

Yearly Trough Low 73,095 TRY

Transaction Impact: A difference of 14,932.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.6427

14.6851

JanuMarcMayJulySeptNove

BZD 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 15.7297, compared to 16.9081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1784 points.

H1 Avg (Jan–Jun) 15.7297

H2 Avg (Jul–Dec) 16.9081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5447 TRY (High: 17.0149 / Low: 16.4701). On the other end, October was the most stable month, with a tight range of 0.1025 TRY (High: 17.0274 / Low: 16.9249).

August Spread (Volatile) ±0.5447

October Spread (Stable) ±0.1025

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 0.0459 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 17.3962) against the same month in 2023 (average: 14.4219), the exchange rate shifted by +2.9743 (+20.62%).

2024 Avg (December) 17.3962

2023 Avg (December) 14.4219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.0913	14.6191	14.9315
February	15.5212	15.0361	15.2815
March	16.1101	15.5797	15.9152
April	16.2206	15.8614	16.0615
May	16.1131	15.9308	16.0156
June	16.3398	15.9740	16.1728
July	16.4672	16.1514	16.3382
August	17.0149	16.4701	16.7341
September	16.9749	16.8217	16.8976
October	17.0274	16.9249	16.9861
November	17.2448	16.9559	17.0962
December	17.6056	17.2154	17.3962