2024 TRY to KZT Historical Review

YEARLY HIGH

15.5064 KZT

YEARLY LOW

13.5632 KZT

YEARLY AVERAGE

14.2801 KZT

2024 TRY to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15.5064. Conversely, the yearly low was recorded on May 11, dropping to 13.5632.

This high-to-low spread represents a total annual volatility of 1.9432 KZT. From a start-to-finish perspective, comparing the January average rate of 15.0125 to the December average rate of 14.8850, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.5064 was down 37.59% compared to the 2023 peak of 24.8452, 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 775,320 KZT

2023 Average 987,367 KZT

Yearly Trough Low 678,161 KZT

Transaction Impact: A difference of 97,159.49 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.1432

13.5739

JanuMarcMayJulySeptNove

TRY to KZT 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 14.1904, compared to 14.3697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1793 points.

H1 Avg (Jan–Jun) 14.1904

H2 Avg (Jul–Dec) 14.3697

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.8145 KZT (High: 15.5064 / Low: 14.6919). On the other end, September was the most stable month, with a tight range of 0.2176 KZT (High: 14.2322 / Low: 14.0145).

January Spread (Volatile) ±0.8145

September Spread (Stable) ±0.2176

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6180 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 15.0125) against the same month in 2023 (average: 24.6296), the exchange rate shifted by -9.6172 (-39.05%).

2024 Avg (January) 15.0125

2023 Avg (January) 24.6296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.5064	14.6919	15.0125
February	14.9305	14.3896	14.6317
March	14.4032	13.7720	14.0137
April	13.9952	13.6075	13.7861
May	13.8584	13.5632	13.7047
June	14.4013	13.7423	13.9940
July	14.6750	14.2911	14.4366
August	14.3461	14.0146	14.2022
September	14.2322	14.0145	14.1011
October	14.4768	14.0617	14.1869
November	14.8888	14.2225	14.4065
December	15.1344	14.6169	14.8850