YEARLY HIGH
17.6317 CRC
YEARLY LOW
14.2786 CRC
YEARLY AVERAGE
15.7096 CRC

2024 TRY to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17.6317. Conversely, the yearly low was recorded on December 21, dropping to 14.2786.

This high-to-low spread represents a total annual volatility of 3.3531 CRC. From a start-to-finish perspective, comparing the January average rate of 17.1809 to the December average rate of 14.4515, the exchange rate registered a net change of -15.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6317 was down 44.31% compared to the 2023 peak of 31.6581, 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 881,586 CRC
2023 Average 1,176,945 CRC
Yearly Trough Low 713,929 CRC
Transaction Impact: A difference of 167,657.08 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.4539
14.1786
JanuMarcMayJulySeptNove

TRY to CRC 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 16.2279, compared to 15.1912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0367 points.

H1 Avg (Jan–Jun) 16.2279
H2 Avg (Jul–Dec) 15.1912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.8149 CRC (High: 16.3033 / Low: 15.4884). On the other end, October was the most stable month, with a tight range of 0.2749 CRC (High: 15.2044 / Low: 14.9296).

March Spread (Volatile) ±0.8149
October Spread (Stable) ±0.2749

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 0.8789 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.1809) against the same month in 2023 (average: 30.6038), the exchange rate shifted by -13.4228 (-43.86%).

2024 Avg (January) 17.1809
2023 Avg (January) 30.6038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6317 16.8281 17.1809
February 17.0427 16.3669 16.7419
March 16.3033 15.4884 15.8630
April 15.8906 15.3594 15.5762
May 16.1533 15.7108 15.8851
June 16.4290 15.8653 16.1202
July 16.3436 15.7502 15.9959
August 15.8186 15.2228 15.5694
September 15.4870 15.1572 15.2491
October 15.2044 14.9296 15.0689
November 14.9877 14.6254 14.8124
December 14.6219 14.2786 14.4515