2024 TRY to LYD Historical Review

YEARLY HIGH

0.1617 LYD

YEARLY LOW

0.1384 LYD

YEARLY AVERAGE

0.1472 LYD

2024 TRY to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1617. Conversely, the yearly low was recorded on October 1, dropping to 0.1384.

This high-to-low spread represents a total annual volatility of 0.0233 LYD. From a start-to-finish perspective, comparing the January average rate of 0.1597 to the December average rate of 0.1398, the exchange rate registered a net change of -12.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1617 was down 37.39% compared to the 2023 peak of 0.2583, 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 8,085 LYD

2023 Average 10,411 LYD

Yearly Trough Low 6,921 LYD

Transaction Impact: A difference of 1,164.59 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1617

0.1376

JanuMarcMayJulySeptNove

TRY to LYD 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 0.1527, compared to 0.1416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.1527

H2 Avg (Jul–Dec) 0.1416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0064 LYD (High: 0.1456 / Low: 0.1392). On the other end, May was the most stable month, with a tight range of 0.0016 LYD (High: 0.1509 / Low: 0.1493).

August Spread (Volatile) ±0.0064

May Spread (Stable) ±0.0016

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 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1597) against the same month in 2023 (average: 0.2546), the exchange rate shifted by -0.0949 (-37.28%).

2024 Avg (January) 0.1597

2023 Avg (January) 0.2546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1617	0.1588	0.1597
February	0.1593	0.1544	0.1571
March	0.1540	0.1487	0.1504
April	0.1517	0.1486	0.1499
May	0.1509	0.1493	0.1503
June	0.1507	0.1473	0.1488
July	0.1495	0.1456	0.1471
August	0.1456	0.1392	0.1421
September	0.1408	0.1385	0.1396
October	0.1408	0.1384	0.1400
November	0.1423	0.1400	0.1411
December	0.1407	0.1390	0.1398