2024 CHF to TRY Historical Review

YEARLY HIGH

40.6124 TRY

YEARLY LOW

34.6232 TRY

YEARLY AVERAGE

37.3662 TRY

2024 CHF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 40.6124. Conversely, the yearly low was recorded on February 13, dropping to 34.6232.

This high-to-low spread represents a total annual volatility of 5.9891 TRY. From a start-to-finish perspective, comparing the January average rate of 35.0660 to the December average rate of 39.2447, the exchange rate registered a net change of 11.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.6124 was up 15.86% compared to the 2023 peak of 35.0535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203,062 TRY

2023 Average 133,038 TRY

Yearly Trough Low 173,116 TRY

Transaction Impact: A difference of 29,945.52 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.7344

34.5507

JanuMarcMayJulySeptNove

CHF 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 35.6304, compared to 39.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4716 points.

H1 Avg (Jan–Jun) 35.6304

H2 Avg (Jul–Dec) 39.1020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.5658 TRY (High: 40.5616 / Low: 37.9958). On the other end, April was the most stable month, with a tight range of 0.5627 TRY (High: 35.8026 / Low: 35.2399).

August Spread (Volatile) ±2.5658

April Spread (Stable) ±0.5627

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6334 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 40.2191) against the same month in 2023 (average: 30.0449), the exchange rate shifted by +10.1742 (+33.86%).

2024 Avg (September) 40.2191

2023 Avg (September) 30.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.3266	34.7430	35.0660
February	35.5282	34.6232	35.1319
March	36.6245	35.4924	36.0743
April	35.8026	35.2399	35.5590
May	35.7537	35.1594	35.4989
June	36.9467	35.7332	36.4523
July	37.7806	36.0213	36.9201
August	40.5616	37.9958	39.3068
September	40.6124	39.8378	40.2191
October	40.4027	39.4806	39.7774
November	39.7830	38.6593	39.1440
December	39.6520	38.8715	39.2447