2024 TRY to CNY Historical Review

YEARLY HIGH

0.2402 CNY

YEARLY LOW

0.2049 CNY

YEARLY AVERAGE

0.2187 CNY

2024 TRY to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.2402. Conversely, the yearly low was recorded on October 7, dropping to 0.2049.

This high-to-low spread represents a total annual volatility of 0.0353 CNY. From a start-to-finish perspective, comparing the January average rate of 0.2363 to the December average rate of 0.2080, the exchange rate registered a net change of -11.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2402 was down 34.93% compared to the 2023 peak of 0.3691, 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 12,009 CNY

2023 Average 15,263 CNY

Yearly Trough Low 10,243 CNY

Transaction Impact: A difference of 1,766.04 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2392

0.2040

JanuMarcMayJulySeptNove

TRY to CNY 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 0.2267, compared to 0.2107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.2267

H2 Avg (Jul–Dec) 0.2107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0102 CNY (High: 0.2184 / Low: 0.2082). On the other end, December was the most stable month, with a tight range of 0.0033 CNY (High: 0.2096 / Low: 0.2064).

August Spread (Volatile) ±0.0102

December Spread (Stable) ±0.0033

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 July and August, when the average rate fell by 0.0084 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2363) against the same month in 2023 (average: 0.3616), the exchange rate shifted by -0.1253 (-34.66%).

2024 Avg (January) 0.2363

2023 Avg (January) 0.3616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2402	0.2339	0.2363
February	0.2358	0.2297	0.2323
March	0.2293	0.2206	0.2245
April	0.2265	0.2176	0.2234
May	0.2255	0.2189	0.2221
June	0.2250	0.2168	0.2214
July	0.2233	0.2160	0.2204
August	0.2184	0.2082	0.2121
September	0.2098	0.2051	0.2077
October	0.2083	0.2049	0.2069
November	0.2103	0.2066	0.2091
December	0.2096	0.2064	0.2080