YEARLY HIGH
0.0588 TRY
YEARLY LOW
0.0492 TRY
YEARLY AVERAGE
0.0550 TRY

2024 SDG to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0588. Conversely, the yearly low was recorded on January 1, dropping to 0.0492.

This high-to-low spread represents a total annual volatility of 0.0096 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0501 to the December average rate of 0.0582, the exchange rate registered a net change of 16.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0588 was up 11.53% compared to the 2023 peak of 0.0527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294 TRY
2023 Average 199 TRY
Yearly Trough Low 246 TRY
Transaction Impact: A difference of 48.13 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0590
0.0493
JanuMarcMayJulySeptNove

SDG 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 0.0532, compared to 0.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0532
H2 Avg (Jul–Dec) 0.0567

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0035 TRY (High: 0.0569 / Low: 0.0534). On the other end, October was the most stable month, with a tight range of 0.0002 TRY (High: 0.0570 / Low: 0.0568).

May Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0002

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 0.0013 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0582) against the same month in 2023 (average: 0.0484), the exchange rate shifted by +0.0098 (+20.18%).

2024 Avg (December) 0.0582
2023 Avg (December) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0505 0.0492 0.0501
February 0.0521 0.0507 0.0513
March 0.0553 0.0522 0.0540
April 0.0557 0.0537 0.0552
May 0.0569 0.0534 0.0539
June 0.0560 0.0536 0.0549
July 0.0565 0.0542 0.0554
August 0.0568 0.0551 0.0560
September 0.0569 0.0564 0.0566
October 0.0570 0.0568 0.0570
November 0.0577 0.0569 0.0573
December 0.0588 0.0577 0.0582