2024 BWP to TRY Historical Review

YEARLY HIGH

2.6277 TRY

YEARLY LOW

2.1959 TRY

YEARLY AVERAGE

2.4263 TRY

2024 BWP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.6277. Conversely, the yearly low was recorded on January 5, dropping to 2.1959.

This high-to-low spread represents a total annual volatility of 0.4318 TRY. From a start-to-finish perspective, comparing the January average rate of 2.2159 to the December average rate of 2.5522, the exchange rate registered a net change of 15.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6277 was up 19.51% compared to the 2023 peak of 2.1988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,139 TRY

2023 Average 8,901 TRY

Yearly Trough Low 10,979 TRY

Transaction Impact: A difference of 2,159.11 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6094

2.1801

JanuMarcMayJulySeptNove

BWP 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 2.3214, compared to 2.5311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2097 points.

H1 Avg (Jan–Jun) 2.3214

H2 Avg (Jul–Dec) 2.5311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1208 TRY (High: 2.5708 / Low: 2.4501). On the other end, January was the most stable month, with a tight range of 0.0399 TRY (High: 2.2358 / Low: 2.1959).

August Spread (Volatile) ±0.1208

January Spread (Stable) ±0.0399

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0280 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.5727) against the same month in 2023 (average: 1.9793), the exchange rate shifted by +0.5934 (+29.98%).

2024 Avg (September) 2.5727

2023 Avg (September) 1.9793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2358	2.1959	2.2159
February	2.2680	2.2271	2.2474
March	2.3790	2.2798	2.3469
April	2.3789	2.2822	2.3535
May	2.3918	2.2865	2.3723
June	2.4387	2.3425	2.3925
July	2.4640	2.3799	2.4301
August	2.5708	2.4501	2.5127
September	2.6277	2.5338	2.5727
October	2.6212	2.5534	2.5736
November	2.5903	2.5101	2.5456
December	2.5863	2.5235	2.5522

2024 BWP నుండి TRY చారిత్రక సమీక్ష