YEARLY HIGH
0.0448 BND
YEARLY LOW
0.0374 BND
YEARLY AVERAGE
0.0407 BND

2024 TRY to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0448. Conversely, the yearly low was recorded on September 30, dropping to 0.0374.

This high-to-low spread represents a total annual volatility of 0.0073 BND. From a start-to-finish perspective, comparing the January average rate of 0.0444 to the December average rate of 0.0386, the exchange rate registered a net change of -13.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0448 was down 37.76% compared to the 2023 peak of 0.0719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,239 BND
2023 Average 2,906 BND
Yearly Trough Low 1,872 BND
Transaction Impact: A difference of 366.30 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0450
0.0374
JanuMarcMayJulySeptNove

TRY to BND 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: JanтАУJun) was 0.0425, compared to 0.0389 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0036 points.

H1 Avg (JanтАУJun) 0.0425
H2 Avg (JulтАУDec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0022 BND (High: 0.0403 / Low: 0.0381). On the other end, December was the most stable month, with a tight range of 0.0004 BND (High: 0.0388 / Low: 0.0383).

August Spread (Volatile) ┬▒0.0022
December Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0444) against the same month in 2023 (average: 0.0707), the exchange rate shifted by -0.0263 (-37.21%).

2024 Avg (January) 0.0444
2023 Avg (January) 0.0707

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0448 0.0441 0.0444
February 0.0441 0.0430 0.0436
March 0.0429 0.0414 0.0418
April 0.0423 0.0417 0.0419
May 0.0420 0.0416 0.0419
June 0.0419 0.0411 0.0415
July 0.0417 0.0405 0.0409
August 0.0403 0.0381 0.0390
September 0.0385 0.0374 0.0381
October 0.0387 0.0376 0.0382
November 0.0391 0.0383 0.0388
December 0.0388 0.0383 0.0386