2024 DJF to TRY Historical Review

YEARLY HIGH

0.1989 TRY

YEARLY LOW

0.1662 TRY

YEARLY AVERAGE

0.1849 TRY

2024 DJF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1989. Conversely, the yearly low was recorded on January 1, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0327 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1691 to the December average rate of 0.1968, the exchange rate registered a net change of 16.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1989 was up 19.98% compared to the 2023 peak of 0.1658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 994 TRY

2023 Average 670 TRY

Yearly Trough Low 831 TRY

Transaction Impact: A difference of 163.50 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1996

0.1664

JanuMarcMayJulySeptNove

DJF 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 0.1783, compared to 0.1916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.1783

H2 Avg (Jul–Dec) 0.1916

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0060 TRY (High: 0.1825 / Low: 0.1765). On the other end, October was the most stable month, with a tight range of 0.0020 TRY (High: 0.1936 / Low: 0.1916).

March Spread (Volatile) ±0.0060

October Spread (Stable) ±0.0020

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 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1968) against the same month in 2023 (average: 0.1634), the exchange rate shifted by +0.0334 (+20.45%).

2024 Avg (December) 0.1968

2023 Avg (December) 0.1634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1708	0.1662	0.1691
February	0.1761	0.1702	0.1731
March	0.1825	0.1765	0.1804
April	0.1836	0.1798	0.1820
May	0.1828	0.1806	0.1816
June	0.1855	0.1807	0.1834
July	0.1867	0.1830	0.1851
August	0.1924	0.1866	0.1898
September	0.1924	0.1904	0.1915
October	0.1936	0.1916	0.1926
November	0.1954	0.1918	0.1938
December	0.1989	0.1949	0.1968