YEARLY HIGH
0.3935 TRY
YEARLY LOW
0.3062 TRY
YEARLY AVERAGE
0.3548 TRY

2024 RUB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.3935. Conversely, the yearly low was recorded on November 27, dropping to 0.3062.

This high-to-low spread represents a total annual volatility of 0.0873 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3369 to the December average rate of 0.3375, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3935 was up 17.79% compared to the 2023 peak of 0.3341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,968 TRY
2023 Average 1,385 TRY
Yearly Trough Low 1,531 TRY
Transaction Impact: A difference of 436.67 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3832
0.3311
JanuMarcMayJulySeptNove

RUB 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 0.3489, compared to 0.3607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.3489
H2 Avg (Jul–Dec) 0.3607

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0514 TRY (High: 0.3576 / Low: 0.3062). On the other end, April was the most stable month, with a tight range of 0.0078 TRY (High: 0.3531 / Low: 0.3452).

November Spread (Volatile) ±0.0514
April Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between April and August, 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 September and October, when the average rate fell by 0.0173 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3789) against the same month in 2023 (average: 0.2810), the exchange rate shifted by +0.0979 (+34.84%).

2024 Avg (August) 0.3789
2023 Avg (August) 0.2810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3438 0.3238 0.3369
February 0.3430 0.3251 0.3355
March 0.3525 0.3421 0.3490
April 0.3531 0.3452 0.3480
May 0.3641 0.3466 0.3542
June 0.3894 0.3566 0.3700
July 0.3897 0.3668 0.3770
August 0.3935 0.3685 0.3789
September 0.3890 0.3626 0.3732
October 0.3623 0.3505 0.3559
November 0.3576 0.3062 0.3419
December 0.3532 0.3109 0.3375