2024 TRY to TWD Historical Review

YEARLY HIGH

1.0469 TWD

YEARLY LOW

0.9244 TWD

YEARLY AVERAGE

0.9775 TWD

2024 TRY to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.0469. Conversely, the yearly low was recorded on September 29, dropping to 0.9244.

This high-to-low spread represents a total annual volatility of 0.1225 TWD. From a start-to-finish perspective, comparing the January average rate of 1.0365 to the December average rate of 0.9306, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0469 was down 36.14% compared to the 2023 peak of 1.6395, 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 52,347 TWD

2023 Average 67,253 TWD

Yearly Trough Low 46,222 TWD

Transaction Impact: A difference of 6,124.54 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0471

0.9200

JanuMarcMayJulySeptNove

TRY to TWD 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 1.0065, compared to 0.9486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0579 points.

H1 Avg (Jan–Jun) 1.0065

H2 Avg (Jul–Dec) 0.9486

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0531 TWD (High: 0.9868 / Low: 0.9337). On the other end, May was the most stable month, with a tight range of 0.0115 TWD (High: 1.0073 / Low: 0.9958).

August Spread (Volatile) ±0.0531

May Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0345 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0365) against the same month in 2023 (average: 1.6182), the exchange rate shifted by -0.5817 (-35.95%).

2024 Avg (January) 1.0365

2023 Avg (January) 1.6182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0469	1.0267	1.0365
February	1.0291	1.0107	1.0201
March	1.0059	0.9775	0.9882
April	1.0068	0.9919	0.9995
May	1.0073	0.9958	1.0008
June	1.0074	0.9818	0.9937
July	1.0028	0.9821	0.9912
August	0.9868	0.9337	0.9567
September	0.9457	0.9244	0.9380
October	0.9432	0.9293	0.9368
November	0.9457	0.9279	0.9383
December	0.9381	0.9262	0.9306

2024 TRY నుండి TWD చారిత్రక సమీక్ష