2024 TRY to ALL Historical Review

YEARLY HIGH

3.1956 ALL

YEARLY LOW

2.5809 ALL

YEARLY AVERAGE

2.8376 ALL

2024 TRY to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.1956. Conversely, the yearly low was recorded on September 30, dropping to 2.5809.

This high-to-low spread represents a total annual volatility of 0.6147 ALL. From a start-to-finish perspective, comparing the January average rate of 3.1639 to the December average rate of 2.6809, the exchange rate registered a net change of -15.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1956 was down 46.18% compared to the 2023 peak of 5.9372, 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 159,781 ALL

2023 Average 219,565 ALL

Yearly Trough Low 129,046 ALL

Transaction Impact: A difference of 30,734.87 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.2176

2.5726

JanuMarcMayJulySeptNove

TRY to ALL 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 2.9871, compared to 2.6881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2990 points.

H1 Avg (Jan–Jun) 2.9871

H2 Avg (Jul–Dec) 2.6881

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1658 ALL (High: 2.7964 / Low: 2.6305). On the other end, December was the most stable month, with a tight range of 0.0400 ALL (High: 2.6976 / Low: 2.6576).

August Spread (Volatile) ±0.1658

December Spread (Stable) ±0.0400

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1555 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.1639) against the same month in 2023 (average: 5.7471), the exchange rate shifted by -2.5832 (-44.95%).

2024 Avg (January) 3.1639

2023 Avg (January) 5.7471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1956	3.1465	3.1639
February	3.1721	3.0675	3.1233
March	3.0551	2.9254	2.9678
April	2.9859	2.8886	2.9241
May	2.9060	2.8579	2.8821
June	2.8873	2.8285	2.8614
July	2.8737	2.7696	2.8089
August	2.7964	2.6305	2.6931
September	2.6587	2.5809	2.6264
October	2.6677	2.6009	2.6427
November	2.7282	2.6207	2.6766
December	2.6976	2.6576	2.6809