2024 TRY to BOB Historical Review

YEARLY HIGH

0.2345 BOB

YEARLY LOW

0.1954 BOB

YEARLY AVERAGE

0.2106 BOB

2024 TRY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2345. Conversely, the yearly low was recorded on December 31, dropping to 0.1954.

This high-to-low spread represents a total annual volatility of 0.0391 BOB. From a start-to-finish perspective, comparing the January average rate of 0.2296 to the December average rate of 0.1974, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2345 was down 36.68% compared to the 2023 peak of 0.3703, 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 11,725 BOB

2023 Average 14,965 BOB

Yearly Trough Low 9,770 BOB

Transaction Impact: A difference of 1,954.42 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2328

0.1942

JanuMarcMayJulySeptNove

TRY to BOB 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 0.2182, compared to 0.2030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.2182

H2 Avg (Jul–Dec) 0.2030

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0073 BOB (High: 0.2345 / Low: 0.2272). On the other end, October was the most stable month, with a tight range of 0.0013 BOB (High: 0.2026 / Low: 0.2013).

January Spread (Volatile) ±0.0073

October Spread (Stable) ±0.0013

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 0.0089 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2296) against the same month in 2023 (average: 0.3679), the exchange rate shifted by -0.1383 (-37.60%).

2024 Avg (January) 0.2296

2023 Avg (January) 0.3679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2345	0.2272	0.2296
February	0.2280	0.2209	0.2244
March	0.2200	0.2128	0.2155
April	0.2161	0.2118	0.2139
May	0.2152	0.2127	0.2141
June	0.2146	0.2098	0.2120
July	0.2123	0.2082	0.2099
August	0.2081	0.2015	0.2049
September	0.2039	0.2021	0.2029
October	0.2026	0.2013	0.2020
November	0.2026	0.1988	0.2008
December	0.1991	0.1954	0.1974

2024 TRY నుండి BOB చారిత్రక సమీక్ష