2024 TRY to AZN Historical Review

YEARLY HIGH

0.0575 AZN

YEARLY LOW

0.0481 AZN

YEARLY AVERAGE

0.0518 AZN

2024 TRY to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0575. Conversely, the yearly low was recorded on December 31, dropping to 0.0481.

This high-to-low spread represents a total annual volatility of 0.0095 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0565 to the December average rate of 0.0486, the exchange rate registered a net change of -14.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0575 was down 36.75% compared to the 2023 peak of 0.0910, 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 2,876 AZN

2023 Average 3,683 AZN

Yearly Trough Low 2,403 AZN

Transaction Impact: A difference of 472.97 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0573

0.0478

JanuMarcMayJulySeptNove

TRY to AZN 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 0.0537, compared to 0.0499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0537

H2 Avg (Jul–Dec) 0.0499

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 AZN (High: 0.0542 / Low: 0.0524). On the other end, October was the most stable month, with a tight range of 0.0002 AZN (High: 0.0498 / Low: 0.0496).

March Spread (Volatile) ±0.0018

October Spread (Stable) ±0.0002

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 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0565) against the same month in 2023 (average: 0.0905), the exchange rate shifted by -0.0340 (-37.57%).

2024 Avg (January) 0.0565

2023 Avg (January) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0575	0.0560	0.0565
February	0.0558	0.0543	0.0552
March	0.0542	0.0524	0.0530
April	0.0532	0.0521	0.0525
May	0.0529	0.0523	0.0527
June	0.0528	0.0516	0.0521
July	0.0522	0.0512	0.0516
August	0.0513	0.0498	0.0504
September	0.0501	0.0497	0.0499
October	0.0498	0.0496	0.0496
November	0.0497	0.0490	0.0493
December	0.0490	0.0481	0.0486