2024 KGS to TRY Historical Review

YEARLY HIGH

0.4065 TRY

YEARLY LOW

0.3317 TRY

YEARLY AVERAGE

0.3778 TRY

2024 KGS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4065. Conversely, the yearly low was recorded on January 1, dropping to 0.3317.

This high-to-low spread represents a total annual volatility of 0.0748 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3372 to the December average rate of 0.4028, the exchange rate registered a net change of 19.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4065 was up 22.49% compared to the 2023 peak of 0.3319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,033 TRY

2023 Average 1,354 TRY

Yearly Trough Low 1,659 TRY

Transaction Impact: A difference of 374.04 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4106

0.3305

JanuMarcMayJulySeptNove

KGS 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 0.3572, compared to 0.3984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 0.3572

H2 Avg (Jul–Dec) 0.3984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0169 TRY (High: 0.3949 / Low: 0.3780). On the other end, May was the most stable month, with a tight range of 0.0039 TRY (High: 0.3679 / Low: 0.3639).

July Spread (Volatile) ±0.0169

May Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0024 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4028) against the same month in 2023 (average: 0.3265), the exchange rate shifted by +0.0763 (+23.36%).

2024 Avg (December) 0.4028

2023 Avg (December) 0.3265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3400	0.3317	0.3372
February	0.3500	0.3409	0.3446
March	0.3629	0.3510	0.3583
April	0.3666	0.3576	0.3634
May	0.3679	0.3639	0.3657
June	0.3806	0.3670	0.3743
July	0.3949	0.3780	0.3872
August	0.4012	0.3912	0.3957
September	0.4063	0.4003	0.4040
October	0.4059	0.3995	0.4016
November	0.4024	0.3968	0.3992
December	0.4065	0.3999	0.4028