2024 TRY to ANG Historical Review

YEARLY HIGH

0.0612 ANG

YEARLY LOW

0.0510 ANG

YEARLY AVERAGE

0.0549 ANG

2024 TRY to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0612. Conversely, the yearly low was recorded on December 31, dropping to 0.0510.

This high-to-low spread represents a total annual volatility of 0.0102 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0599 to the December average rate of 0.0515, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0612 was down 36.68% compared to the 2023 peak of 0.0966, 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 3,058 ANG

2023 Average 3,903 ANG

Yearly Trough Low 2,548 ANG

Transaction Impact: A difference of 509.82 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0607

0.0506

JanuMarcMayJulySeptNove

TRY to ANG 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 0.0569, compared to 0.0529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0569

H2 Avg (Jul–Dec) 0.0529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0019 ANG (High: 0.0612 / Low: 0.0592). On the other end, October was the most stable month, with a tight range of 0.0003 ANG (High: 0.0528 / Low: 0.0525).

January Spread (Volatile) ±0.0019

October Spread (Stable) ±0.0003

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 0.0023 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0599) against the same month in 2023 (average: 0.0960), the exchange rate shifted by -0.0361 (-37.60%).

2024 Avg (January) 0.0599

2023 Avg (January) 0.0960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0612	0.0592	0.0599
February	0.0595	0.0576	0.0585
March	0.0574	0.0555	0.0562
April	0.0564	0.0551	0.0557
May	0.0561	0.0555	0.0558
June	0.0560	0.0547	0.0553
July	0.0554	0.0543	0.0547
August	0.0543	0.0525	0.0534
September	0.0532	0.0527	0.0529
October	0.0528	0.0525	0.0526
November	0.0527	0.0518	0.0523
December	0.0519	0.0510	0.0515