YEARLY HIGH
0.0619 TRY
YEARLY LOW
0.0516 TRY
YEARLY AVERAGE
0.0576 TRY

2024 SOS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0619. Conversely, the yearly low was recorded on January 1, dropping to 0.0516.

This high-to-low spread represents a total annual volatility of 0.0103 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0613, the exchange rate registered a net change of 16.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0619 was up 19.53% compared to the 2023 peak of 0.0518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 309 TRY
2023 Average 209 TRY
Yearly Trough Low 258 TRY
Transaction Impact: A difference of 51.54 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0621
0.0518
JanuMarcMayJulySeptNove

SOS 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 0.0555, compared to 0.0596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0555
H2 Avg (Jul–Dec) 0.0596

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0019 TRY (High: 0.0568 / Low: 0.0549). On the other end, October was the most stable month, with a tight range of 0.0004 TRY (High: 0.0601 / Low: 0.0597).

March Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0004

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 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0613) against the same month in 2023 (average: 0.0509), the exchange rate shifted by +0.0104 (+20.37%).

2024 Avg (December) 0.0613
2023 Avg (December) 0.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0516 0.0527
February 0.0547 0.0530 0.0539
March 0.0568 0.0549 0.0561
April 0.0572 0.0559 0.0566
May 0.0569 0.0562 0.0565
June 0.0577 0.0563 0.0571
July 0.0581 0.0570 0.0576
August 0.0599 0.0581 0.0591
September 0.0599 0.0593 0.0596
October 0.0601 0.0597 0.0599
November 0.0608 0.0598 0.0603
December 0.0619 0.0607 0.0613