YEARLY HIGH
0.2303 TTD
YEARLY LOW
0.1921 TTD
YEARLY AVERAGE
0.2068 TTD

2024 TRY to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2303. Conversely, the yearly low was recorded on December 21, dropping to 0.1921.

This high-to-low spread represents a total annual volatility of 0.0383 TTD. From a start-to-finish perspective, comparing the January average rate of 0.2255 to the December average rate of 0.1939, 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 0.2303 was down 36.71% compared to the 2023 peak of 0.3639, 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 11,517 TTD
2023 Average 14,699 TTD
Yearly Trough Low 9,604 TTD
Transaction Impact: A difference of 1,912.61 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2286
0.1907
JanuMarcMayJulySeptNove

TRY to TTD 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 0.2143, compared to 0.1993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.2143
H2 Avg (Jul–Dec) 0.1993

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0076 TTD (High: 0.2303 / Low: 0.2228). On the other end, October was the most stable month, with a tight range of 0.0012 TTD (High: 0.1988 / Low: 0.1976).

January Spread (Volatile) ±0.0076
October Spread (Stable) ±0.0012

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 0.0087 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2255) against the same month in 2023 (average: 0.3615), the exchange rate shifted by -0.1361 (-37.63%).

2024 Avg (January) 0.2255
2023 Avg (January) 0.3615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2303 0.2228 0.2255
February 0.2238 0.2170 0.2204
March 0.2161 0.2090 0.2117
April 0.2121 0.2077 0.2096
May 0.2114 0.2091 0.2103
June 0.2107 0.2062 0.2082
July 0.2080 0.2044 0.2060
August 0.2040 0.1979 0.2012
September 0.2000 0.1985 0.1993
October 0.1988 0.1976 0.1982
November 0.1988 0.1950 0.1969
December 0.1955 0.1921 0.1939