2024 SYP to TRY Historical Review

YEARLY HIGH

0.0140 TRY

YEARLY LOW

0.0027 TRY

YEARLY AVERAGE

0.0128 TRY

2024 SYP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0140. Conversely, the yearly low was recorded on December 27, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0113 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0099, the exchange rate registered a net change of -17.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0140 was up 19.07% compared to the 2023 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 TRY

2023 Average 47 TRY

Yearly Trough Low 14 TRY

Transaction Impact: A difference of 56.54 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0141

0.0095

JanuMarcMayJulySeptNove

SYP 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 0.0126, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0126

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0113 TRY (High: 0.0140 / Low: 0.0027). On the other end, October was the most stable month, with a tight range of 0.0001 TRY (High: 0.0137 / Low: 0.0136).

December Spread (Volatile) ±0.0113

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0099) against the same month in 2023 (average: 0.0116), the exchange rate shifted by -0.0017 (-14.35%).

2024 Avg (December) 0.0099

2023 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0121	0.0118	0.0120
February	0.0125	0.0121	0.0123
March	0.0129	0.0125	0.0128
April	0.0130	0.0127	0.0129
May	0.0129	0.0128	0.0128
June	0.0131	0.0128	0.0130
July	0.0132	0.0130	0.0131
August	0.0136	0.0132	0.0134
September	0.0136	0.0135	0.0136
October	0.0137	0.0136	0.0136
November	0.0138	0.0136	0.0137
December	0.0140	0.0027	0.0099