2024 TRY to LAK Historical Review

YEARLY HIGH

696.9129 LAK

YEARLY LOW

618.1225 LAK

YEARLY AVERAGE

657.0156 LAK

2024 TRY to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 696.9129. Conversely, the yearly low was recorded on December 31, dropping to 618.1225.

This high-to-low spread represents a total annual volatility of 78.7905 LAK. From a start-to-finish perspective, comparing the January average rate of 686.1778 to the December average rate of 625.3965, the exchange rate registered a net change of -8.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 696.9129 was down 24.73% compared to the 2023 peak of 925.8840, 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 34,845,646 LAK

2023 Average 39,938,089 LAK

Yearly Trough Low 30,906,123 LAK

Transaction Impact: A difference of 3,939,522.96 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

692.2559

619.3183

JanuMarcMayJulySeptNove

TRY to LAK 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 667.1182, compared to 646.9129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.2053 points.

H1 Avg (Jan–Jun) 667.1182

H2 Avg (Jul–Dec) 646.9129

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 23.9042 LAK (High: 668.8750 / Low: 644.9707). On the other end, September was the most stable month, with a tight range of 6.8156 LAK (High: 652.2036 / Low: 645.3880).

August Spread (Volatile) ±23.9042

September Spread (Stable) ±6.8156

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 24.0164 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -24.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 686.1778) against the same month in 2023 (average: 904.6321), the exchange rate shifted by -218.4543 (-24.15%).

2024 Avg (January) 686.1778

2023 Avg (January) 904.6321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	696.9129	682.4582	686.1778
February	685.1593	667.0656	676.6747
March	665.0229	645.6420	652.6583
April	661.8071	652.4405	656.4423
May	666.8378	657.4184	661.8736
June	675.0897	658.8875	668.8827
July	678.4344	667.2596	672.4163
August	668.8750	644.9707	656.4195
September	652.2036	645.3880	648.7834
October	648.7959	638.2235	641.7271
November	641.3419	631.2121	636.7347
December	631.7593	618.1225	625.3965