2024 TRY to SBD Historical Review

YEARLY HIGH

0.2851 SBD

YEARLY LOW

0.2371 SBD

YEARLY AVERAGE

0.2567 SBD

2024 TRY to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2851. Conversely, the yearly low was recorded on December 31, dropping to 0.2371.

This high-to-low spread represents a total annual volatility of 0.0481 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2798 to the December average rate of 0.2394, the exchange rate registered a net change of -14.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2851 was down 35.62% compared to the 2023 peak of 0.4429, 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 14,257 SBD

2023 Average 18,054 SBD

Yearly Trough Low 11,853 SBD

Transaction Impact: A difference of 2,403.87 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2839

0.2353

JanuMarcMayJulySeptNove

TRY to SBD 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 0.2671, compared to 0.2463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 0.2671

H2 Avg (Jul–Dec) 0.2463

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0116 SBD (High: 0.2722 / Low: 0.2606). On the other end, November was the most stable month, with a tight range of 0.0024 SBD (High: 0.2441 / Low: 0.2417).

March Spread (Volatile) ±0.0116

November Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0103 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2798) against the same month in 2023 (average: 0.4401), the exchange rate shifted by -0.1602 (-36.41%).

2024 Avg (January) 0.2798

2023 Avg (January) 0.4401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2851	0.2758	0.2798
February	0.2762	0.2713	0.2744
March	0.2722	0.2606	0.2641
April	0.2653	0.2587	0.2620
May	0.2646	0.2612	0.2629
June	0.2633	0.2561	0.2596
July	0.2592	0.2538	0.2567
August	0.2559	0.2465	0.2516
September	0.2499	0.2424	0.2448
October	0.2443	0.2411	0.2425
November	0.2441	0.2417	0.2426
December	0.2413	0.2371	0.2394