2024 KMF to TRY Historical Review

YEARLY HIGH

0.0774 TRY

YEARLY LOW

0.0660 TRY

YEARLY AVERAGE

0.0723 TRY

2024 KMF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0774. Conversely, the yearly low was recorded on January 2, dropping to 0.0660.

This high-to-low spread represents a total annual volatility of 0.0114 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0745, the exchange rate registered a net change of 11.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0774 was up 16.64% compared to the 2023 peak of 0.0664, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 387 TRY

2023 Average 262 TRY

Yearly Trough Low 330 TRY

Transaction Impact: A difference of 57.02 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0778

0.0657

JanuMarcMayJulySeptNove

KMF 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 0.0696, compared to 0.0749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0696

H2 Avg (Jul–Dec) 0.0749

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0047 TRY (High: 0.0774 / Low: 0.0727). On the other end, May was the most stable month, with a tight range of 0.0009 TRY (High: 0.0713 / Low: 0.0704).

August Spread (Volatile) ±0.0047

May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0768) against the same month in 2023 (average: 0.0586), the exchange rate shifted by +0.0182 (+31.07%).

2024 Avg (September) 0.0768

2023 Avg (September) 0.0586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0670	0.0660	0.0667
February	0.0689	0.0667	0.0676
March	0.0716	0.0691	0.0708
April	0.0715	0.0699	0.0705
May	0.0713	0.0704	0.0708
June	0.0721	0.0706	0.0713
July	0.0735	0.0710	0.0725
August	0.0774	0.0727	0.0754
September	0.0774	0.0761	0.0768
October	0.0769	0.0752	0.0759
November	0.0762	0.0731	0.0744
December	0.0750	0.0738	0.0745