2024 TRY to STD Historical Review

YEARLY HIGH

754.0241 STD

YEARLY LOW

630.0408 STD

YEARLY AVERAGE

678.9068 STD

2024 TRY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 754.0241. Conversely, the yearly low was recorded on December 31, dropping to 630.0408.

This high-to-low spread represents a total annual volatility of 123.9833 STD. From a start-to-finish perspective, comparing the January average rate of 740.4806 to the December average rate of 636.5790, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 754.0241 was down 38.25% compared to the 2023 peak of 1221.1027, 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 37,701,203 STD

2023 Average 49,028,416 STD

Yearly Trough Low 31,502,040 STD

Transaction Impact: A difference of 6,199,162.77 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

750.8707

626.1889

JanuMarcMayJulySeptNove

TRY to STD 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 703.5603, compared to 654.2533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.3069 points.

H1 Avg (Jan–Jun) 703.5603

H2 Avg (Jul–Dec) 654.2533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 23.5365 STD (High: 709.8398 / Low: 686.3034). On the other end, October was the most stable month, with a tight range of 2.5112 STD (High: 652.0733 / Low: 649.5621).

March Spread (Volatile) ±23.5365

October Spread (Stable) ±2.5112

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 28.2510 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -28.2510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 740.4806) against the same month in 2023 (average: 1215.2766), the exchange rate shifted by -474.7961 (-39.07%).

2024 Avg (January) 740.4806

2023 Avg (January) 1215.2766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	754.0241	733.8133	740.4806
February	731.7935	711.9696	723.2894
March	709.8398	686.3034	695.0385
April	697.3872	682.9654	688.5420
May	693.8690	686.0984	690.4953
June	692.3362	676.1794	683.5159
July	684.4318	671.5229	676.8327
August	671.7597	652.5755	661.2075
September	656.9625	651.3387	654.0823
October	652.0733	649.5621	650.3547
November	651.4023	642.3572	646.4638
December	641.8811	630.0408	636.5790

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு