2024 TRY to KGS Historical Review

YEARLY HIGH

3.0147 KGS

YEARLY LOW

2.4599 KGS

YEARLY AVERAGE

2.6569 KGS

2024 TRY to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.0147. Conversely, the yearly low was recorded on December 31, dropping to 2.4599.

This high-to-low spread represents a total annual volatility of 0.5548 KGS. From a start-to-finish perspective, comparing the January average rate of 2.9661 to the December average rate of 2.4829, the exchange rate registered a net change of -16.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0147 was down 35.08% compared to the 2023 peak of 4.6440, 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 150,734 KGS

2023 Average 189,992 KGS

Yearly Trough Low 122,995 KGS

Transaction Impact: A difference of 27,738.42 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0152

2.4265

JanuMarcMayJulySeptNove

TRY to KGS 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 2.8030, compared to 2.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2923 points.

H1 Avg (Jan–Jun) 2.8030

H2 Avg (Jul–Dec) 2.5107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1132 KGS (High: 2.6456 / Low: 2.5325). On the other end, May was the most stable month, with a tight range of 0.0295 KGS (High: 2.7477 / Low: 2.7182).

July Spread (Volatile) ±0.1132

May Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.9661) against the same month in 2023 (average: 4.5569), the exchange rate shifted by -1.5908 (-34.91%).

2024 Avg (January) 2.9661

2023 Avg (January) 4.5569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0147	2.9416	2.9661
February	2.9335	2.8573	2.9025
March	2.8487	2.7558	2.7909
April	2.7965	2.7278	2.7522
May	2.7477	2.7182	2.7347
June	2.7250	2.6276	2.6717
July	2.6456	2.5325	2.5833
August	2.5559	2.4924	2.5274
September	2.4981	2.4614	2.4755
October	2.5029	2.4639	2.4902
November	2.5200	2.4850	2.5051
December	2.5005	2.4599	2.4829