2024 TRY to AUD Historical Review

YEARLY HIGH

0.0506 AUD

YEARLY LOW

0.0423 AUD

YEARLY AVERAGE

0.0462 AUD

2024 TRY to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0506. Conversely, the yearly low was recorded on September 30, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0084 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0452, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0506 was down 36.87% compared to the 2023 peak of 0.0802, 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 2,532 AUD

2023 Average 3,253 AUD

Yearly Trough Low 2,114 AUD

Transaction Impact: A difference of 417.92 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0507

0.0427

JanuMarcMayJulySeptNove

TRY to AUD 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 0.0480, compared to 0.0444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0480

H2 Avg (Jul–Dec) 0.0444

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0033 AUD (High: 0.0464 / Low: 0.0432). On the other end, May was the most stable month, with a tight range of 0.0009 AUD (High: 0.0472 / Low: 0.0463).

August Spread (Volatile) ±0.0033

May Spread (Stable) ±0.0009

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 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0500) against the same month in 2023 (average: 0.0765), the exchange rate shifted by -0.0265 (-34.64%).

2024 Avg (January) 0.0500

2023 Avg (January) 0.0765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0506	0.0496	0.0500
February	0.0505	0.0490	0.0497
March	0.0488	0.0467	0.0476
April	0.0480	0.0468	0.0475
May	0.0472	0.0463	0.0467
June	0.0469	0.0456	0.0462
July	0.0464	0.0446	0.0455
August	0.0464	0.0432	0.0446
September	0.0441	0.0423	0.0434
October	0.0445	0.0424	0.0435
November	0.0450	0.0436	0.0444
December	0.0460	0.0443	0.0452