2024 SRD to TRY Historical Review

YEARLY HIGH

1.1850 TRY

YEARLY LOW

0.8042 TRY

YEARLY AVERAGE

1.0002 TRY

2024 SRD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 1.1850. Conversely, the yearly low was recorded on January 1, dropping to 0.8042.

This high-to-low spread represents a total annual volatility of 0.3808 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8202 to the December average rate of 0.9939, the exchange rate registered a net change of 21.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1850 was up 47.72% compared to the 2023 peak of 0.8022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,925 TRY

2023 Average 3,240 TRY

Yearly Trough Low 4,021 TRY

Transaction Impact: A difference of 1,903.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2053

0.7852

JanuMarcMayJulySeptNove

SRD 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 0.9246, compared to 1.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1513 points.

H1 Avg (Jan–Jun) 0.9246

H2 Avg (Jul–Dec) 1.0759

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1161 TRY (High: 1.1139 / Low: 0.9977). On the other end, December was the most stable month, with a tight range of 0.0246 TRY (High: 1.0052 / Low: 0.9806).

October Spread (Volatile) ±0.1161

December Spread (Stable) ±0.0246

Growth Streaks & Declines

Trends

Between January and August, 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 September and October, when the average rate fell by 0.0925 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0925

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.1703) against the same month in 2023 (average: 0.7033), the exchange rate shifted by +0.4670 (+66.40%).

2024 Avg (August) 1.1703

2023 Avg (August) 0.7033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8318	0.8042	0.8202
February	0.8864	0.8290	0.8524
March	0.9269	0.8868	0.9101
April	0.9584	0.9153	0.9351
May	1.0047	0.9594	0.9896
June	1.0741	0.9984	1.0401
July	1.1458	1.0588	1.1093
August	1.1850	1.1505	1.1703
September	1.1792	1.1128	1.1473
October	1.1139	0.9977	1.0548
November	0.9988	0.9709	0.9796
December	1.0052	0.9806	0.9939