2024 TRY to CDF Historical Review

YEARLY HIGH

92.6435 CDF

YEARLY LOW

80.5140 CDF

YEARLY AVERAGE

85.7206 CDF

2024 TRY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 92.6435. Conversely, the yearly low was recorded on December 21, dropping to 80.5140.

This high-to-low spread represents a total annual volatility of 12.1295 CDF. From a start-to-finish perspective, comparing the January average rate of 90.4522 to the December average rate of 81.5436, the exchange rate registered a net change of -9.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 92.6435 was down 20.97% compared to the 2023 peak of 117.2286, 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 4,632,175 CDF

2023 Average 4,977,833 CDF

Yearly Trough Low 4,025,700 CDF

Transaction Impact: A difference of 606,474.92 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

91.3430

80.6528

JanuMarcMayJulySeptNove

TRY to CDF 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 87.7041, compared to 83.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9671 points.

H1 Avg (Jan–Jun) 87.7041

H2 Avg (Jul–Dec) 83.7370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 4.5728 CDF (High: 92.6435 / Low: 88.0707). On the other end, October was the most stable month, with a tight range of 1.1325 CDF (High: 83.9477 / Low: 82.8151).

January Spread (Volatile) ±4.5728

October Spread (Stable) ±1.1325

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.9350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.9350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 90.4522) against the same month in 2023 (average: 109.0854), the exchange rate shifted by -18.6332 (-17.08%).

2024 Avg (January) 90.4522

2023 Avg (January) 109.0854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	92.6435	88.0707	90.4522
February	90.3861	88.3499	89.4709
March	88.2450	85.6085	86.5359
April	88.2331	85.4126	86.2644
May	87.6439	85.8969	86.6308
June	87.8596	85.9429	86.8705
July	87.5674	85.3829	86.3843
August	86.6413	82.5508	84.5436
September	84.3017	83.0666	83.6118
October	83.9477	82.8151	83.3412
November	83.7214	82.2495	82.9977
December	82.6430	80.5140	81.5436

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு