2024 TRY to GTQ Historical Review

YEARLY HIGH

0.2655 GTQ

YEARLY LOW

0.2180 GTQ

YEARLY AVERAGE

0.2365 GTQ

2024 TRY to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2655. Conversely, the yearly low was recorded on December 31, dropping to 0.2180.

This high-to-low spread represents a total annual volatility of 0.0475 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.2598 to the December average rate of 0.2202, the exchange rate registered a net change of -15.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2655 was down 36.90% compared to the 2023 peak of 0.4207, 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 13,274 GTQ

2023 Average 16,957 GTQ

Yearly Trough Low 10,901 GTQ

Transaction Impact: A difference of 2,372.75 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2638

0.2162

JanuMarcMayJulySeptNove

TRY to GTQ 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 0.2460, compared to 0.2271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.2460

H2 Avg (Jul–Dec) 0.2271

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0089 GTQ (High: 0.2655 / Low: 0.2566). On the other end, October was the most stable month, with a tight range of 0.0017 GTQ (High: 0.2268 / Low: 0.2251).

January Spread (Volatile) ±0.0089

October Spread (Stable) ±0.0017

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 0.0102 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2598) against the same month in 2023 (average: 0.4179), the exchange rate shifted by -0.1581 (-37.83%).

2024 Avg (January) 0.2598

2023 Avg (January) 0.4179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2655	0.2566	0.2598
February	0.2578	0.2494	0.2535
March	0.2487	0.2401	0.2433
April	0.2437	0.2379	0.2404
May	0.2419	0.2393	0.2407
June	0.2413	0.2358	0.2383
July	0.2387	0.2335	0.2357
August	0.2334	0.2258	0.2297
September	0.2281	0.2261	0.2271
October	0.2268	0.2251	0.2259
November	0.2262	0.2220	0.2241
December	0.2223	0.2180	0.2202