2024 TRY to BTN Historical Review

YEARLY HIGH

2.8242 BTN

YEARLY LOW

2.4060 BTN

YEARLY AVERAGE

2.5481 BTN

2024 TRY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.8242. Conversely, the yearly low was recorded on December 21, dropping to 2.4060.

This high-to-low spread represents a total annual volatility of 0.4183 BTN. From a start-to-finish perspective, comparing the January average rate of 2.7617 to the December average rate of 2.4269, the exchange rate registered a net change of -12.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8242 was down 36.20% compared to the 2023 peak of 4.4269, 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 141,212 BTN

2023 Average 178,686 BTN

Yearly Trough Low 120,299 BTN

Transaction Impact: A difference of 20,912.56 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7952

2.3935

JanuMarcMayJulySeptNove

TRY to BTN 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 2.6272, compared to 2.4690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1582 points.

H1 Avg (Jan–Jun) 2.6272

H2 Avg (Jul–Dec) 2.4690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0943 BTN (High: 2.8242 / Low: 2.7300). On the other end, October was the most stable month, with a tight range of 0.0121 BTN (High: 2.4597 / Low: 2.4476).

January Spread (Volatile) ±0.0943

October Spread (Stable) ±0.0121

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 0.1057 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7617) against the same month in 2023 (average: 4.3568), the exchange rate shifted by -1.5951 (-36.61%).

2024 Avg (January) 2.7617

2023 Avg (January) 4.3568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8242	2.7300	2.7617
February	2.7350	2.6501	2.6939
March	2.6396	2.5611	2.5882
April	2.6102	2.5531	2.5755
May	2.5916	2.5710	2.5830
June	2.5911	2.5332	2.5607
July	2.5648	2.5170	2.5385
August	2.5226	2.4459	2.4874
September	2.4749	2.4423	2.4603
October	2.4597	2.4476	2.4540
November	2.4735	2.4248	2.4471
December	2.4410	2.4060	2.4269