2024 HTG to TRY Historical Review

YEARLY HIGH

0.2707 TRY

YEARLY LOW

0.2235 TRY

YEARLY AVERAGE

0.2492 TRY

2024 HTG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2707. Conversely, the yearly low was recorded on January 1, dropping to 0.2235.

This high-to-low spread represents a total annual volatility of 0.0473 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2286 to the December average rate of 0.2676, the exchange rate registered a net change of 17.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2707 was up 21.12% compared to the 2023 peak of 0.2235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354 TRY

2023 Average 852 TRY

Yearly Trough Low 1,117 TRY

Transaction Impact: A difference of 236.27 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2715

0.2247

JanuMarcMayJulySeptNove

HTG 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 0.2395, compared to 0.2589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.2395

H2 Avg (Jul–Dec) 0.2589

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0093 TRY (High: 0.2602 / Low: 0.2510). On the other end, October was the most stable month, with a tight range of 0.0021 TRY (High: 0.2608 / Low: 0.2587).

August Spread (Volatile) ±0.0093

October Spread (Stable) ±0.0021

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 0.0009 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2676) against the same month in 2023 (average: 0.2201), the exchange rate shifted by +0.0475 (+21.58%).

2024 Avg (December) 0.2676

2023 Avg (December) 0.2201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2310	0.2235	0.2286
February	0.2359	0.2303	0.2333
March	0.2449	0.2369	0.2419
April	0.2465	0.2412	0.2442
May	0.2450	0.2415	0.2432
June	0.2485	0.2425	0.2458
July	0.2513	0.2456	0.2492
August	0.2602	0.2510	0.2559
September	0.2596	0.2573	0.2583
October	0.2608	0.2587	0.2599
November	0.2651	0.2597	0.2623
December	0.2707	0.2649	0.2676