2024 TRY to SEK Historical Review

YEARLY HIGH

0.3477 SEK

YEARLY LOW

0.2952 SEK

YEARLY AVERAGE

0.3221 SEK

2024 TRY to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.3477. Conversely, the yearly low was recorded on September 29, dropping to 0.2952.

This high-to-low spread represents a total annual volatility of 0.0525 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3438 to the December average rate of 0.3141, the exchange rate registered a net change of -8.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3477 was down 38.94% compared to the 2023 peak of 0.5693, 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 17,383 SEK

2023 Average 22,941 SEK

Yearly Trough Low 14,758 SEK

Transaction Impact: A difference of 2,625.13 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3482

0.2957

JanuMarcMayJulySeptNove

TRY to SEK 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 0.3329, compared to 0.3112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.3329

H2 Avg (Jul–Dec) 0.3112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0253 SEK (High: 0.3236 / Low: 0.2983). On the other end, December was the most stable month, with a tight range of 0.0063 SEK (High: 0.3176 / Low: 0.3113).

August Spread (Volatile) ±0.0253

December Spread (Stable) ±0.0063

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 July and August, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3438) against the same month in 2023 (average: 0.5533), the exchange rate shifted by -0.2094 (-37.86%).

2024 Avg (January) 0.3438

2023 Avg (January) 0.5533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3477	0.3390	0.3438
February	0.3472	0.3302	0.3388
March	0.3302	0.3182	0.3252
April	0.3400	0.3273	0.3344
May	0.3374	0.3266	0.3331
June	0.3265	0.3181	0.3224
July	0.3283	0.3166	0.3230
August	0.3236	0.2983	0.3085
September	0.3055	0.2952	0.3001
October	0.3115	0.2998	0.3058
November	0.3206	0.3088	0.3159
December	0.3176	0.3113	0.3141