2024 CRC to TRY Historical Review

YEARLY HIGH

0.0700 TRY

YEARLY LOW

0.0567 TRY

YEARLY AVERAGE

0.0638 TRY

2024 CRC to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0700. Conversely, the yearly low was recorded on January 1, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0133 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0582 to the December average rate of 0.0692, the exchange rate registered a net change of 18.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0700 was up 23.45% compared to the 2023 peak of 0.0567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 350 TRY

2023 Average 221 TRY

Yearly Trough Low 284 TRY

Transaction Impact: A difference of 66.60 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0703

0.0571

JanuMarcMayJulySeptNove

CRC 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 0.0617, compared to 0.0659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0617

H2 Avg (Jul–Dec) 0.0659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0032 TRY (High: 0.0646 / Low: 0.0613). On the other end, October was the most stable month, with a tight range of 0.0012 TRY (High: 0.0670 / Low: 0.0658).

March Spread (Volatile) ±0.0032

October Spread (Stable) ±0.0012

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 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0692) against the same month in 2023 (average: 0.0554), the exchange rate shifted by +0.0138 (+24.88%).

2024 Avg (December) 0.0692

2023 Avg (December) 0.0554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0594	0.0567	0.0582
February	0.0611	0.0587	0.0597
March	0.0646	0.0613	0.0631
April	0.0651	0.0629	0.0642
May	0.0637	0.0619	0.0630
June	0.0630	0.0609	0.0620
July	0.0635	0.0612	0.0625
August	0.0657	0.0632	0.0642
September	0.0660	0.0646	0.0656
October	0.0670	0.0658	0.0664
November	0.0684	0.0667	0.0675
December	0.0700	0.0684	0.0692