2024 TRY to BZD Historical Review

YEARLY HIGH

0.0684 BZD

YEARLY LOW

0.0568 BZD

YEARLY AVERAGE

0.0614 BZD

2024 TRY to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0684. Conversely, the yearly low was recorded on December 31, dropping to 0.0568.

This high-to-low spread represents a total annual volatility of 0.0116 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0670 to the December average rate of 0.0575, the exchange rate registered a net change of -14.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0684 was down 36.68% compared to the 2023 peak of 0.1080, 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 3,420 BZD

2023 Average 4,364 BZD

Yearly Trough Low 2,840 BZD

Transaction Impact: A difference of 580.19 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0679

0.0565

JanuMarcMayJulySeptNove

TRY to BZD 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 0.0636, compared to 0.0592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0636

H2 Avg (Jul–Dec) 0.0592

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0021 BZD (High: 0.0684 / Low: 0.0663). On the other end, October was the most stable month, with a tight range of 0.0004 BZD (High: 0.0591 / Low: 0.0587).

January Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0004

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 0.0026 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0670) against the same month in 2023 (average: 0.1073), the exchange rate shifted by -0.0404 (-37.60%).

2024 Avg (January) 0.0670

2023 Avg (January) 0.1073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0684	0.0663	0.0670
February	0.0665	0.0644	0.0654
March	0.0642	0.0621	0.0628
April	0.0630	0.0617	0.0623
May	0.0628	0.0621	0.0624
June	0.0626	0.0612	0.0618
July	0.0619	0.0607	0.0612
August	0.0607	0.0588	0.0598
September	0.0594	0.0589	0.0592
October	0.0591	0.0587	0.0589
November	0.0590	0.0580	0.0585
December	0.0581	0.0568	0.0575