2024 LBP to TRY Historical Review

YEARLY HIGH

0.0021 TRY

YEARLY LOW

0.0003 TRY

YEARLY AVERAGE

0.0006 TRY

2024 LBP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0021. Conversely, the yearly low was recorded on February 23, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0017 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0004, the exchange rate registered a net change of -80.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was down 83.43% compared to the 2023 peak of 0.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 TRY

2023 Average 13 TRY

Yearly Trough Low 2 TRY

Transaction Impact: A difference of 8.62 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022

0.0002

JanuMarcMayJulySeptNove

LBP 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 0.0008, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0008

H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0017 TRY (High: 0.0021 / Low: 0.0003). On the other end, October was the most stable month, with a tight range of 0.0000 TRY (High: 0.0004 / Low: 0.0004).

February Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0016) against the same month in 2023 (average: 0.0032), the exchange rate shifted by -0.0017 (-51.48%).

2024 Avg (February) 0.0016

2023 Avg (February) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0020	0.0020	0.0020
February	0.0021	0.0003	0.0016
March	0.0004	0.0003	0.0004
April	0.0004	0.0004	0.0004
May	0.0004	0.0004	0.0004
June	0.0004	0.0004	0.0004
July	0.0004	0.0004	0.0004
August	0.0004	0.0004	0.0004
September	0.0004	0.0004	0.0004
October	0.0004	0.0004	0.0004
November	0.0004	0.0004	0.0004
December	0.0004	0.0004	0.0004