2024 NPR to TRY Historical Review

YEARLY HIGH

0.2598 TRY

YEARLY LOW

0.2213 TRY

YEARLY AVERAGE

0.2456 TRY

2024 NPR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.2598. Conversely, the yearly low was recorded on January 2, dropping to 0.2213.

This high-to-low spread represents a total annual volatility of 0.0385 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2263 to the December average rate of 0.2576, the exchange rate registered a net change of 13.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2598 was up 17.30% compared to the 2023 peak of 0.2214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,299 TRY

2023 Average 901 TRY

Yearly Trough Low 1,106 TRY

Transaction Impact: A difference of 192.35 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2607

0.2232

JanuMarcMayJulySeptNove

NPR 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 0.2381, compared to 0.2532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.2381

H2 Avg (Jul–Dec) 0.2532

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0078 TRY (High: 0.2555 / Low: 0.2478). On the other end, October was the most stable month, with a tight range of 0.0013 TRY (High: 0.2554 / Low: 0.2541).

August Spread (Volatile) ±0.0078

October Spread (Stable) ±0.0013

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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2576) against the same month in 2023 (average: 0.2183), the exchange rate shifted by +0.0393 (+18.01%).

2024 Avg (December) 0.2576

2023 Avg (December) 0.2183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2289	0.2213	0.2263
February	0.2358	0.2284	0.2320
March	0.2440	0.2368	0.2415
April	0.2448	0.2395	0.2427
May	0.2431	0.2412	0.2419
June	0.2468	0.2412	0.2441
July	0.2483	0.2437	0.2462
August	0.2555	0.2478	0.2513
September	0.2559	0.2524	0.2540
October	0.2554	0.2541	0.2547
November	0.2577	0.2527	0.2554
December	0.2598	0.2560	0.2576