2024 BBD to TRY Historical Review

YEARLY HIGH

17.6828 TRY

YEARLY LOW

14.7753 TRY

YEARLY AVERAGE

16.4423 TRY

2024 BBD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 17.6828. Conversely, the yearly low was recorded on January 1, dropping to 14.7753.

This high-to-low spread represents a total annual volatility of 2.9076 TRY. From a start-to-finish perspective, comparing the January average rate of 15.0463 to the December average rate of 17.5018, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6828 was up 19.65% compared to the 2023 peak of 14.7786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,414 TRY

2023 Average 59,560 TRY

Yearly Trough Low 73,876 TRY

Transaction Impact: A difference of 14,537.82 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.7473

14.8007

JanuMarcMayJulySeptNove

BBD 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 15.8495, compared to 17.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1856 points.

H1 Avg (Jan–Jun) 15.8495

H2 Avg (Jul–Dec) 17.0351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5383 TRY (High: 16.2332 / Low: 15.6949). On the other end, October was the most stable month, with a tight range of 0.0661 TRY (High: 17.1514 / Low: 17.0853).

March Spread (Volatile) ±0.5383

October Spread (Stable) ±0.0661

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0463 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 17.5018) against the same month in 2023 (average: 14.5502), the exchange rate shifted by +2.9515 (+20.28%).

2024 Avg (December) 17.5018

2023 Avg (December) 14.5502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1822	14.7753	15.0463
February	15.6480	15.2241	15.4039
March	16.2332	15.6949	16.0306
April	16.3125	15.9752	16.1810
May	16.2381	16.0562	16.1347
June	16.4762	16.0917	16.3003
July	16.5905	16.2776	16.4609
August	17.0722	16.5846	16.8506
September	17.1046	16.9582	17.0330
October	17.1514	17.0853	17.1305
November	17.3438	17.1029	17.2339
December	17.6828	17.3566	17.5018

2024 BBD నుండి TRY చారిత్రక సమీక్ష