2024 TRY to PLN Historical Review

YEARLY HIGH

0.1559 PLN

YEARLY LOW

0.1114 PLN

YEARLY AVERAGE

0.1213 PLN

2024 TRY to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1559. Conversely, the yearly low was recorded on September 24, dropping to 0.1114.

This high-to-low spread represents a total annual volatility of 0.0445 PLN. From a start-to-finish perspective, comparing the January average rate of 0.1336 to the December average rate of 0.1165, the exchange rate registered a net change of -12.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1559 was down 34.29% compared to the 2023 peak of 0.2373, 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 7,796 PLN

2023 Average 9,133 PLN

Yearly Trough Low 5,572 PLN

Transaction Impact: A difference of 2,223.75 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1356

0.1110

JanuMarcMayJulySeptNove

TRY to PLN 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 0.1262, compared to 0.1165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.1262

H2 Avg (Jul–Dec) 0.1165

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0241 PLN (High: 0.1559 / Low: 0.1319). On the other end, December was the most stable month, with a tight range of 0.0018 PLN (High: 0.1176 / Low: 0.1158).

January Spread (Volatile) ±0.0241

December Spread (Stable) ±0.0018

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 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1336) against the same month in 2023 (average: 0.2308), the exchange rate shifted by -0.0972 (-42.12%).

2024 Avg (January) 0.1336

2023 Avg (January) 0.2308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1559	0.1319	0.1336
February	0.1323	0.1275	0.1301
March	0.1269	0.1216	0.1236
April	0.1265	0.1219	0.1240
May	0.1246	0.1215	0.1228
June	0.1250	0.1213	0.1232
July	0.1232	0.1179	0.1198
August	0.1202	0.1121	0.1155
September	0.1145	0.1114	0.1130
October	0.1176	0.1134	0.1156
November	0.1205	0.1161	0.1183
December	0.1176	0.1158	0.1165