2024 TRY to LBP Historical Review

YEARLY HIGH

2908.9496 LBP

YEARLY LOW

483.7312 LBP

YEARLY AVERAGE

2375.6193 LBP

2024 TRY to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2908.9496. Conversely, the yearly low was recorded on February 21, dropping to 483.7312.

This high-to-low spread represents a total annual volatility of 2425.2183 LBP. From a start-to-finish perspective, comparing the January average rate of 499.4955 to the December average rate of 2557.6041, the exchange rate registered a net change of 412.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2908.9496 was up 255.71% compared to the 2023 peak of 817.7954, 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 145,447,478 LBP

2023 Average 29,089,897 LBP

Yearly Trough Low 24,186,561 LBP

Transaction Impact: A difference of 121,260,916.75 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3022.4829

270.1330

JanuMarcMayJulySeptNove

TRY to LBP 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 2121.6513, compared to 2629.5873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 507.9360 points.

H1 Avg (Jan–Jun) 2121.6513

H2 Avg (Jul–Dec) 2629.5873

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2425.2183 LBP (High: 2908.9496 / Low: 483.7312). On the other end, October was the most stable month, with a tight range of 13.7020 LBP (High: 2624.5164 / Low: 2610.8144).

February Spread (Volatile) ±2425.2183

October Spread (Stable) ±13.7020

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 63.9818 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -63.9818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1149.3086) against the same month in 2023 (average: 672.2451), the exchange rate shifted by +477.0636 (+70.97%).

2024 Avg (February) 1149.3086

2023 Avg (February) 672.2451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	510.0398	494.7553	499.4955
February	2908.9496	483.7312	1149.3086
March	2859.5983	2759.4532	2793.1204
April	2805.1293	2740.2904	2766.3784
May	2788.9174	2758.2711	2774.1252
June	2781.3350	2718.0040	2747.4798
July	2751.4101	2700.7237	2719.5329
August	2700.0649	2615.2893	2655.5511
September	2640.9029	2617.7927	2629.3816
October	2624.5164	2610.8144	2615.8615
November	2622.3213	2577.4558	2599.5925
December	2580.5322	2532.4030	2557.6041