2024 TRY to GNF Historical Review

YEARLY HIGH

291.7900 GNF

YEARLY LOW

244.4177 GNF

YEARLY AVERAGE

262.3756 GNF

2024 TRY to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 291.7900. Conversely, the yearly low was recorded on December 31, dropping to 244.4177.

This high-to-low spread represents a total annual volatility of 47.3723 GNF. From a start-to-finish perspective, comparing the January average rate of 285.6347 to the December average rate of 246.5724, the exchange rate registered a net change of -13.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 291.7900 was down 37.65% compared to the 2023 peak of 467.9817, 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 14,589,499 GNF

2023 Average 18,677,669 GNF

Yearly Trough Low 12,220,885 GNF

Transaction Impact: A difference of 2,368,613.98 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

289.5409

242.6662

JanuMarcMayJulySeptNove

TRY to GNF 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 271.4427, compared to 253.3086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.1341 points.

H1 Avg (Jan–Jun) 271.4427

H2 Avg (Jul–Dec) 253.3086

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 9.2323 GNF (High: 273.9735 / Low: 264.7412). On the other end, October was the most stable month, with a tight range of 2.3846 GNF (High: 253.7237 / Low: 251.3391).

March Spread (Volatile) ±9.2323

October Spread (Stable) ±2.3846

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 11.1962 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -11.1962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 285.6347) against the same month in 2023 (average: 461.4593), the exchange rate shifted by -175.8246 (-38.10%).

2024 Avg (January) 285.6347

2023 Avg (January) 461.4593

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	291.7900	282.9208	285.6347
February	283.8557	274.7206	279.2465
March	273.9735	264.7412	268.0503
April	268.8597	263.0584	265.4745
May	267.7130	264.6558	266.3015
June	267.1690	261.1916	263.9485
July	264.4129	259.3289	261.5027
August	259.7731	251.8187	255.7244
September	255.0389	252.3259	253.6436
October	253.7237	251.3391	252.1152
November	252.4427	248.0455	250.2931
December	248.4523	244.4177	246.5724

2024 TRY నుండి GNF చారిత్రక సమీక్ష