YEARLY HIGH
3.2644 TRY
YEARLY LOW
2.6924 TRY
YEARLY AVERAGE
3.0509 TRY

2024 TJS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 3.2644. Conversely, the yearly low was recorded on January 1, dropping to 2.6924.

This high-to-low spread represents a total annual volatility of 0.5720 TRY. From a start-to-finish perspective, comparing the January average rate of 2.7548 to the December average rate of 3.2076, the exchange rate registered a net change of 16.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2644 was up 21.11% compared to the 2023 peak of 2.6954, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TJS based on timing:

Yearly Peak High 16,322 TRY
2023 Average 11,000 TRY
Yearly Trough Low 13,462 TRY
Transaction Impact: A difference of 2,860.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.2784
2.7072
JanuMarcMayJulySeptNove

TJS to TRY 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 2.9142, compared to 3.1876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2734 points.

H1 Avg (Jan–Jun) 2.9142
H2 Avg (Jul–Dec) 3.1876

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1002 TRY (High: 2.9681 / Low: 2.8679). On the other end, October was the most stable month, with a tight range of 0.0222 TRY (High: 3.2255 / Low: 3.2033).

March Spread (Volatile) ±0.1002
October Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0232 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3.2308) against the same month in 2023 (average: 2.6220), the exchange rate shifted by +0.6088 (+23.22%).

2024 Avg (November) 3.2308
2023 Avg (November) 2.6220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7848 2.6924 2.7548
February 2.8541 2.7742 2.8148
March 2.9681 2.8679 2.9297
April 2.9928 2.9171 2.9600
May 3.0077 2.9525 2.9754
June 3.0954 2.9985 3.0505
July 3.1314 3.0415 3.0948
August 3.2264 3.1320 3.1772
September 3.2164 3.1790 3.1996
October 3.2255 3.2033 3.2152
November 3.2644 3.1799 3.2308
December 3.2444 3.1809 3.2076