YEARLY HIGH
0.0289 CHF
YEARLY LOW
0.0246 CHF
YEARLY AVERAGE
0.0268 CHF

2024 TRY to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0289. Conversely, the yearly low was recorded on September 29, dropping to 0.0246.

This high-to-low spread represents a total annual volatility of 0.0043 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0285 to the December average rate of 0.0255, the exchange rate registered a net change of -10.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was down 42.21% compared to the 2023 peak of 0.0500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,444 CHF
2023 Average 1,952 CHF
Yearly Trough Low 1,231 CHF
Transaction Impact: A difference of 212.96 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0289
0.0245
JanuMarcMayJulySeptNove

TRY to CHF 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 0.0281, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0281
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0017 CHF (High: 0.0263 / Low: 0.0247). On the other end, April was the most stable month, with a tight range of 0.0004 CHF (High: 0.0284 / Low: 0.0279).

August Spread (Volatile) ±0.0017
April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0285) against the same month in 2023 (average: 0.0492), the exchange rate shifted by -0.0207 (-42.10%).

2024 Avg (February) 0.0285
2023 Avg (February) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0288 0.0283 0.0285
February 0.0289 0.0281 0.0285
March 0.0282 0.0273 0.0277
April 0.0284 0.0279 0.0281
May 0.0284 0.0280 0.0282
June 0.0280 0.0271 0.0274
July 0.0278 0.0265 0.0271
August 0.0263 0.0247 0.0254
September 0.0251 0.0246 0.0249
October 0.0253 0.0248 0.0251
November 0.0259 0.0251 0.0255
December 0.0257 0.0252 0.0255