2024 ZAR నుండి TRY చారిత్రక సమీక్ష
2024 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2024 ZAR to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1.9982. Conversely, the yearly low was recorded on January 22, dropping to 1.5756.
This high-to-low spread represents a total annual volatility of 0.4225 TRY. From a start-to-finish perspective, comparing the January average rate of 1.6050 to the December average rate of 1.9193, the exchange rate registered a net change of 19.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1.9982 was up 24.06% compared to the 2023 peak of 1.6107, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ZAR to TRY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6939, compared to 1.8996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2057 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.1334 TRY (High: 1.9214 / Low: 1.7880). On the other end, February was the most stable month, with a tight range of 0.0435 TRY (High: 1.6411 / Low: 1.5977).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1.9367) against the same month in 2023 (average: 1.4242), the exchange rate shifted by +0.5125 (+35.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6451 | 1.5756 | 1.6050 |
| February | 1.6411 | 1.5977 | 1.6197 |
| March | 1.7340 | 1.6453 | 1.7004 |
| April | 1.7474 | 1.6836 | 1.7137 |
| May | 1.7839 | 1.7155 | 1.7529 |
| June | 1.8281 | 1.7027 | 1.7718 |
| July | 1.8429 | 1.7498 | 1.8062 |
| August | 1.9214 | 1.7880 | 1.8662 |
| September | 1.9982 | 1.8931 | 1.9367 |
| October | 1.9728 | 1.9265 | 1.9498 |
| November | 1.9854 | 1.8839 | 1.9195 |
| December | 1.9697 | 1.8694 | 1.9193 |