YEARLY HIGH
0.4554 BWP
YEARLY LOW
0.3806 BWP
YEARLY AVERAGE
0.4132 BWP

2024 TRY to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4554. Conversely, the yearly low was recorded on September 30, dropping to 0.3806.

This high-to-low spread represents a total annual volatility of 0.0748 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4513 to the December average rate of 0.3918, the exchange rate registered a net change of -13.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4554 was down 35.66% compared to the 2023 peak of 0.7078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 22,770 BWP
2023 Average 28,859 BWP
Yearly Trough Low 19,028 BWP
Transaction Impact: A difference of 3,741.83 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4576
0.3823
JanuMarcMayJulySeptNove

TRY to BWP 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 0.4312, compared to 0.3953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.4312
H2 Avg (Jul–Dec) 0.3953

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0193 BWP (High: 0.4373 / Low: 0.4181). On the other end, February was the most stable month, with a tight range of 0.0081 BWP (High: 0.4490 / Low: 0.4409).

May Spread (Volatile) ±0.0193
February Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0188 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4513) against the same month in 2023 (average: 0.6802), the exchange rate shifted by -0.2289 (-33.65%).

2024 Avg (January) 0.4513
2023 Avg (January) 0.6802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4554 0.4473 0.4513
February 0.4490 0.4409 0.4450
March 0.4386 0.4203 0.4262
April 0.4382 0.4204 0.4249
May 0.4373 0.4181 0.4216
June 0.4269 0.4101 0.4180
July 0.4202 0.4058 0.4115
August 0.4082 0.3890 0.3981
September 0.3947 0.3806 0.3887
October 0.3916 0.3815 0.3886
November 0.3984 0.3861 0.3929
December 0.3963 0.3867 0.3918