2024 CLF to TRY Historical Review

YEARLY HIGH

35.3656 TRY

YEARLY LOW

29.5505 TRY

YEARLY AVERAGE

32.8846 TRY

2024 CLF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 35.3656. Conversely, the yearly low was recorded on January 1, dropping to 29.5505.

This high-to-low spread represents a total annual volatility of 5.8151 TRY. From a start-to-finish perspective, comparing the January average rate of 30.0926 to the December average rate of 35.0035, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.3656 was up 19.65% compared to the 2023 peak of 29.5572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,828 TRY

2023 Average 119,120 TRY

Yearly Trough Low 147,753 TRY

Transaction Impact: A difference of 29,075.65 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.4946

29.6015

JanuMarcMayJulySeptNove

CLF 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 31.6990, compared to 34.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3712 points.

H1 Avg (Jan–Jun) 31.6990

H2 Avg (Jul–Dec) 34.0702

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.0765 TRY (High: 32.4664 / Low: 31.3899). On the other end, October was the most stable month, with a tight range of 0.1321 TRY (High: 34.3028 / Low: 34.1707).

March Spread (Volatile) ±1.0765

October Spread (Stable) ±0.1321

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 0.0926 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 35.0035) against the same month in 2023 (average: 29.1005), the exchange rate shifted by +5.9030 (+20.28%).

2024 Avg (December) 35.0035

2023 Avg (December) 29.1005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.3644	29.5505	30.0926
February	31.2960	30.4482	30.8079
March	32.4664	31.3899	32.0613
April	32.6251	31.9504	32.3621
May	32.4761	32.1124	32.2695
June	32.9525	32.1835	32.6006
July	33.1810	32.5552	32.9217
August	34.1444	33.1693	33.7011
September	34.2092	33.9164	34.0659
October	34.3028	34.1707	34.2610
November	34.6876	34.2059	34.4677
December	35.3656	34.7133	35.0035