2024 TRY to KPW Historical Review

YEARLY HIGH

30.4563 KPW

YEARLY LOW

25.4484 KPW

YEARLY AVERAGE

27.4222 KPW

2024 TRY to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 30.4563. Conversely, the yearly low was recorded on December 31, dropping to 25.4484.

This high-to-low spread represents a total annual volatility of 5.0079 KPW. From a start-to-finish perspective, comparing the January average rate of 29.9093 to the December average rate of 25.7125, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.4563 was down 36.75% compared to the 2023 peak of 48.1508, 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 1,522,816 KPW

2023 Average 1,949,801 KPW

Yearly Trough Low 1,272,421 KPW

Transaction Impact: A difference of 250,394.78 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.3290

25.2928

JanuMarcMayJulySeptNove

TRY to KPW 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 28.4180, compared to 26.4264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9916 points.

H1 Avg (Jan–Jun) 28.4180

H2 Avg (Jul–Dec) 26.4264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.9507 KPW (High: 28.6716 / Low: 27.7210). On the other end, October was the most stable month, with a tight range of 0.1014 KPW (High: 26.3384 / Low: 26.2369).

March Spread (Volatile) ±0.9507

October Spread (Stable) ±0.1014

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 1.1411 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.1411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 29.9093) against the same month in 2023 (average: 47.9210), the exchange rate shifted by -18.0117 (-37.59%).

2024 Avg (January) 29.9093

2023 Avg (January) 47.9210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.4563	29.6400	29.9093
February	29.5584	28.7577	29.2149
March	28.6716	27.7210	28.0738
April	28.1687	27.5861	27.8114
May	28.0266	27.7127	27.8903
June	27.9646	27.3120	27.6084
July	27.6454	27.1240	27.3384
August	27.1335	26.3586	26.7073
September	26.5358	26.3087	26.4195
October	26.3384	26.2369	26.2689
November	26.3113	25.9459	26.1118
December	25.9267	25.4484	25.7125