2024 TRY to RUB Historical Review

YEARLY HIGH

3.2662 RUB

YEARLY LOW

2.5413 RUB

YEARLY AVERAGE

2.8246 RUB

2024 TRY to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 3.2662. Conversely, the yearly low was recorded on August 5, dropping to 2.5413.

This high-to-low spread represents a total annual volatility of 0.7249 RUB. From a start-to-finish perspective, comparing the January average rate of 2.9691 to the December average rate of 2.9652, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2662 was down 23.10% compared to the 2023 peak of 4.2471, 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 163,309 RUB

2023 Average 181,994 RUB

Yearly Trough Low 127,064 RUB

Transaction Impact: A difference of 36,245.04 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0152

2.6065

JanuMarcMayJulySeptNove

TRY to RUB 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 2.8696, compared to 2.7796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0900 points.

H1 Avg (Jan–Jun) 2.8696

H2 Avg (Jul–Dec) 2.7796

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4698 RUB (High: 3.2662 / Low: 2.7964). On the other end, April was the most stable month, with a tight range of 0.0642 RUB (High: 2.8967 / Low: 2.8324).

November Spread (Volatile) ±0.4698

April Spread (Stable) ±0.0642

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.1195 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.9284) against the same month in 2023 (average: 3.1607), the exchange rate shifted by -0.2323 (-7.35%).

2024 Avg (November) 2.9284

2023 Avg (November) 3.1607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0881	2.9085	2.9691
February	3.0756	2.9154	2.9811
March	2.9227	2.8367	2.8652
April	2.8967	2.8324	2.8736
May	2.8854	2.7466	2.8240
June	2.8044	2.5678	2.7044
July	2.7265	2.5663	2.6530
August	2.7138	2.5413	2.6406
September	2.7581	2.5705	2.6803
October	2.8534	2.7600	2.8100
November	3.2662	2.7964	2.9284
December	3.2163	2.8312	2.9652