YEARLY HIGH
754.0241 STD
YEARLY LOW
630.0408 STD
YEARLY AVERAGE
678.9068 STD

2024 TRY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 754.0241. Conversely, the yearly low was recorded on December 31, dropping to 630.0408.

This high-to-low spread represents a total annual volatility of 123.9833 STD. From a start-to-finish perspective, comparing the January average rate of 740.4806 to the December average rate of 636.5790, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 754.0241 was down 38.25% compared to the 2023 peak of 1221.1027, 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 37,701,203 STD
2023 Average 49,028,416 STD
Yearly Trough Low 31,502,040 STD
Transaction Impact: A difference of 6,199,162.77 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

750.8707
626.1889
JanuMarcMayJulySeptNove

TRY to STD 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 703.5603, compared to 654.2533 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 49.3069 points.

H1 Avg (JanтАУJun) 703.5603
H2 Avg (JulтАУDec) 654.2533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 23.5365 STD (High: 709.8398 / Low: 686.3034). On the other end, October was the most stable month, with a tight range of 2.5112 STD (High: 652.0733 / Low: 649.5621).

March Spread (Volatile) ┬▒23.5365
October Spread (Stable) ┬▒2.5112

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 28.2510 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -28.2510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 740.4806) against the same month in 2023 (average: 1215.2766), the exchange rate shifted by -474.7961 (-39.07%).

2024 Avg (January) 740.4806
2023 Avg (January) 1215.2766

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 754.0241 733.8133 740.4806
February 731.7935 711.9696 723.2894
March 709.8398 686.3034 695.0385
April 697.3872 682.9654 688.5420
May 693.8690 686.0984 690.4953
June 692.3362 676.1794 683.5159
July 684.4318 671.5229 676.8327
August 671.7597 652.5755 661.2075
September 656.9625 651.3387 654.0823
October 652.0733 649.5621 650.3547
November 651.4023 642.3572 646.4638
December 641.8811 630.0408 636.5790