2024 TRY to KMF Historical Review

YEARLY HIGH

15.1420 KMF

YEARLY LOW

12.9123 KMF

YEARLY AVERAGE

13.8664 KMF

2024 TRY to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 15.1420. Conversely, the yearly low was recorded on September 22, dropping to 12.9123.

This high-to-low spread represents a total annual volatility of 2.2296 KMF. From a start-to-finish perspective, comparing the January average rate of 14.9989 to the December average rate of 13.4265, the exchange rate registered a net change of -10.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.1420 was down 39.27% compared to the 2023 peak of 24.9333, 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 757,098 KMF

2023 Average 987,004 KMF

Yearly Trough Low 645,617 KMF

Transaction Impact: A difference of 111,480.20 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.1968

12.8219

JanuMarcMayJulySeptNove

TRY to KMF 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 14.3771, compared to 13.3557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0214 points.

H1 Avg (Jan–Jun) 14.3771

H2 Avg (Jul–Dec) 13.3557

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.8412 KMF (High: 13.7642 / Low: 12.9231). On the other end, May was the most stable month, with a tight range of 0.1741 KMF (High: 14.2043 / Low: 14.0302).

August Spread (Volatile) ±0.8412

May Spread (Stable) ±0.1741

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 0.6699 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 14.9989) against the same month in 2023 (average: 24.3361), the exchange rate shifted by -9.3372 (-38.37%).

2024 Avg (January) 14.9989

2023 Avg (January) 24.3361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1420	14.9258	14.9989
February	14.9952	14.5178	14.8038
March	14.4800	13.9716	14.1339
April	14.3059	13.9908	14.1822
May	14.2043	14.0302	14.1250
June	14.1604	13.8678	14.0190
July	14.0869	13.6115	13.7977
August	13.7642	12.9231	13.2756
September	13.1427	12.9123	13.0198
October	13.3061	13.0084	13.1809
November	13.6831	13.1308	13.4337
December	13.5586	13.3369	13.4265