2024 TRY to SCR Historical Review

YEARLY HIGH

0.4651 SCR

YEARLY LOW

0.3757 SCR

YEARLY AVERAGE

0.4164 SCR

2024 TRY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.4651. Conversely, the yearly low was recorded on September 24, dropping to 0.3757.

This high-to-low spread represents a total annual volatility of 0.0894 SCR. From a start-to-finish perspective, comparing the January average rate of 0.4447 to the December average rate of 0.4033, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4651 was down 38.18% compared to the 2023 peak of 0.7523, 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 23,255 SCR

2023 Average 29,149 SCR

Yearly Trough Low 18,784 SCR

Transaction Impact: A difference of 4,471.82 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4497

0.3898

JanuMarcMayJulySeptNove

TRY to SCR 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 0.4288, compared to 0.4040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.4288

H2 Avg (Jul–Dec) 0.4040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0748 SCR (High: 0.4514 / Low: 0.3767). On the other end, May was the most stable month, with a tight range of 0.0142 SCR (High: 0.4291 / Low: 0.4149).

August Spread (Volatile) ±0.0748

May Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between April and June, 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 0.0129 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4447) against the same month in 2023 (average: 0.7212), the exchange rate shifted by -0.2764 (-38.33%).

2024 Avg (January) 0.4447

2023 Avg (January) 0.7212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4651	0.4323	0.4447
February	0.4480	0.4291	0.4369
March	0.4431	0.4112	0.4240
April	0.4404	0.4139	0.4200
May	0.4291	0.4149	0.4232
June	0.4471	0.4141	0.4237
July	0.4285	0.4105	0.4191
August	0.4514	0.3767	0.4076
September	0.4085	0.3757	0.3948
October	0.4391	0.3827	0.4003
November	0.4133	0.3896	0.3989
December	0.4329	0.3829	0.4033