2024 IDR to TRY Historical Review

YEARLY HIGH

0.0023 TRY

YEARLY LOW

0.0019 TRY

YEARLY AVERAGE

0.0021 TRY

2024 IDR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 3, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0003 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0022, the exchange rate registered a net change of 13.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was up 17.97% compared to the 2023 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 22,594 TRY

2023 Average 15,606 TRY

Yearly Trough Low 19,144 TRY

Transaction Impact: A difference of 3,450.27 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0023

0.0019

JanuMarcMayJulySeptNove

IDR 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 0.0020, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0020

H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 TRY (High: 0.0022 / Low: 0.0020). On the other end, January was the most stable month, with a tight range of 0.0000 TRY (High: 0.0019 / Low: 0.0019).

August Spread (Volatile) ±0.0002

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0022) against the same month in 2023 (average: 0.0018), the exchange rate shifted by +0.0005 (+26.49%).

2024 Avg (September) 0.0022

2023 Avg (September) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0019	0.0019	0.0019
February	0.0020	0.0019	0.0020
March	0.0021	0.0020	0.0020
April	0.0020	0.0020	0.0020
May	0.0020	0.0020	0.0020
June	0.0020	0.0020	0.0020
July	0.0021	0.0020	0.0020
August	0.0022	0.0020	0.0021
September	0.0023	0.0022	0.0022
October	0.0022	0.0022	0.0022
November	0.0022	0.0022	0.0022
December	0.0022	0.0022	0.0022