2024 TRY to MDL Historical Review

YEARLY HIGH

0.5928 MDL

YEARLY LOW

0.5061 MDL

YEARLY AVERAGE

0.5402 MDL

2024 TRY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.5928. Conversely, the yearly low was recorded on August 29, dropping to 0.5061.

This high-to-low spread represents a total annual volatility of 0.0867 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5856 to the December average rate of 0.5233, the exchange rate registered a net change of -10.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5928 was down 42.14% compared to the 2023 peak of 1.0245, 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 29,639 MDL

2023 Average 39,323 MDL

Yearly Trough Low 25,304 MDL

Transaction Impact: A difference of 4,335.50 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5931

0.5026

JanuMarcMayJulySeptNove

TRY to MDL 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 0.5587, compared to 0.5216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 0.5587

H2 Avg (Jul–Dec) 0.5216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0284 MDL (High: 0.5345 / Low: 0.5061). On the other end, May was the most stable month, with a tight range of 0.0074 MDL (High: 0.5505 / Low: 0.5431).

August Spread (Volatile) ±0.0284

May Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between September and November, 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 0.0272 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5856) against the same month in 2023 (average: 1.0112), the exchange rate shifted by -0.4256 (-42.09%).

2024 Avg (January) 0.5856

2023 Avg (January) 1.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5928	0.5811	0.5856
February	0.5838	0.5678	0.5778
March	0.5642	0.5424	0.5506
April	0.5527	0.5437	0.5477
May	0.5505	0.5431	0.5472
June	0.5468	0.5387	0.5435
July	0.5468	0.5311	0.5378
August	0.5345	0.5061	0.5189
September	0.5149	0.5072	0.5101
October	0.5246	0.5080	0.5161
November	0.5279	0.5179	0.5235
December	0.5285	0.5193	0.5233

2024 TRY నుండి MDL చారిత్రక సమీక్ష