2024 CDF to TRY Historical Review

YEARLY HIGH

0.0124 TRY

YEARLY LOW

0.0108 TRY

YEARLY AVERAGE

0.0117 TRY

2024 CDF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0124. Conversely, the yearly low was recorded on January 1, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0016 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0123, the exchange rate registered a net change of 10.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0124 was up 6.41% compared to the 2023 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 TRY

2023 Average 51 TRY

Yearly Trough Low 54 TRY

Transaction Impact: A difference of 8.13 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0124

0.0109

JanuMarcMayJulySeptNove

CDF 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 0.0114, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0114

H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 TRY (High: 0.0121 / Low: 0.0115). On the other end, October was the most stable month, with a tight range of 0.0002 TRY (High: 0.0121 / Low: 0.0119).

August Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0123) against the same month in 2023 (average: 0.0107), the exchange rate shifted by +0.0016 (+14.73%).

2024 Avg (December) 0.0123

2023 Avg (December) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0114	0.0108	0.0111
February	0.0113	0.0111	0.0112
March	0.0117	0.0113	0.0116
April	0.0117	0.0113	0.0116
May	0.0116	0.0114	0.0115
June	0.0116	0.0114	0.0115
July	0.0117	0.0114	0.0116
August	0.0121	0.0115	0.0118
September	0.0120	0.0119	0.0120
October	0.0121	0.0119	0.0120
November	0.0122	0.0119	0.0120
December	0.0124	0.0121	0.0123