2024 TRY to ARS Historical Review

YEARLY HIGH

29.3170 ARS

YEARLY LOW

26.3198 ARS

YEARLY AVERAGE

27.7973 ARS

2024 TRY to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 29.3170. Conversely, the yearly low was recorded on March 19, dropping to 26.3198.

This high-to-low spread represents a total annual volatility of 2.9973 ARS. From a start-to-finish perspective, comparing the January average rate of 27.1727 to the December average rate of 29.1361, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.3170 was up 6.13% compared to the 2023 peak of 27.6240, 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 1,465,851 ARS

2023 Average 606,480 ARS

Yearly Trough Low 1,315,989 ARS

Transaction Impact: A difference of 149,862.53 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.3967

26.2691

JanuMarcMayJulySeptNove

TRY to ARS 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 27.1250, compared to 28.4695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3445 points.

H1 Avg (Jan–Jun) 27.1250

H2 Avg (Jul–Dec) 28.4695

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.9483 ARS (High: 27.8239 / Low: 26.8756). On the other end, September was the most stable month, with a tight range of 0.3690 ARS (High: 28.3426 / Low: 27.9736).

May Spread (Volatile) ±0.9483

September Spread (Stable) ±0.3690

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5458 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.1361) against the same month in 2023 (average: 21.6822), the exchange rate shifted by +7.4538 (+34.38%).

2024 Avg (December) 29.1361

2023 Avg (December) 21.6822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.4402	27.0518	27.1727
February	27.2947	26.9149	27.0754
March	26.8637	26.3198	26.5297
April	27.0640	26.6283	26.8154
May	27.8239	26.8756	27.4404
June	28.0063	27.4831	27.7166
July	28.2445	27.7598	28.0055
August	28.1118	27.6087	27.9113
September	28.3426	27.9736	28.1892
October	28.8691	28.3401	28.5830
November	29.1302	28.7409	28.9920
December	29.3170	28.9266	29.1361