YEARLY HIGH
0.0737 TRY
YEARLY LOW
0.0645 TRY
YEARLY AVERAGE
0.0701 TRY

2024 KZT to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.0737. Conversely, the yearly low was recorded on January 1, dropping to 0.0645.

This high-to-low spread represents a total annual volatility of 0.0092 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0666 to the December average rate of 0.0672, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0737 was up 13.80% compared to the 2023 peak of 0.0648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 369 TRY
2023 Average 261 TRY
Yearly Trough Low 322 TRY
Transaction Impact: A difference of 46.20 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0736
0.0660
JanuMarcMayJulySeptNove

KZT 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 0.0706, compared to 0.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0706
H2 Avg (Jul–Dec) 0.0696

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0036 TRY (High: 0.0681 / Low: 0.0645). On the other end, September was the most stable month, with a tight range of 0.0011 TRY (High: 0.0714 / Low: 0.0703).

January Spread (Volatile) ±0.0036
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0730) against the same month in 2023 (average: 0.0443), the exchange rate shifted by +0.0286 (+64.63%).

2024 Avg (May) 0.0730
2023 Avg (May) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0681 0.0645 0.0666
February 0.0695 0.0670 0.0684
March 0.0726 0.0694 0.0714
April 0.0735 0.0715 0.0725
May 0.0737 0.0722 0.0730
June 0.0728 0.0694 0.0715
July 0.0700 0.0681 0.0693
August 0.0714 0.0697 0.0704
September 0.0714 0.0703 0.0709
October 0.0711 0.0691 0.0705
November 0.0703 0.0672 0.0694
December 0.0684 0.0661 0.0672