2024 TRY to BRL Historical Review

YEARLY HIGH

0.1915 BRL

YEARLY LOW

0.1533 BRL

YEARLY AVERAGE

0.1638 BRL

2024 TRY to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.1915. Conversely, the yearly low was recorded on March 20, dropping to 0.1533.

This high-to-low spread represents a total annual volatility of 0.0382 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1631 to the December average rate of 0.1749, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1915 was down 34.54% compared to the 2023 peak of 0.2925, 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 9,573 BRL

2023 Average 10,857 BRL

Yearly Trough Low 7,663 BRL

Transaction Impact: A difference of 1,910.03 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1769

0.1535

JanuMarcMayJulySeptNove

TRY to BRL 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 0.1605, compared to 0.1672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1605

H2 Avg (Jul–Dec) 0.1672

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0207 BRL (High: 0.1915 / Low: 0.1708). On the other end, January was the most stable month, with a tight range of 0.0042 BRL (High: 0.1655 / Low: 0.1613).

December Spread (Volatile) ±0.0207

January Spread (Stable) ±0.0042

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 0.0057 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1749) against the same month in 2023 (average: 0.1683), the exchange rate shifted by +0.0066 (+3.93%).

2024 Avg (December) 0.1749

2023 Avg (December) 0.1683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1655	0.1613	0.1631
February	0.1632	0.1584	0.1612
March	0.1578	0.1533	0.1555
April	0.1626	0.1554	0.1584
May	0.1627	0.1568	0.1592
June	0.1709	0.1621	0.1655
July	0.1744	0.1639	0.1683
August	0.1734	0.1601	0.1649
September	0.1667	0.1590	0.1626
October	0.1688	0.1587	0.1641
November	0.1735	0.1657	0.1684
December	0.1915	0.1708	0.1749