2024 TRY to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TRY to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TRY to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 709.6154. Conversely, the yearly low was recorded on December 31, dropping to 592.9342.
This high-to-low spread represents a total annual volatility of 116.6812 SLL. From a start-to-finish perspective, comparing the January average rate of 696.8695 to the December average rate of 599.0873, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 709.6154 was down 24.92% compared to the 2023 peak of 945.0924, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TRY to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 662.1237, compared to 615.7207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.4030 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 22.1503 SLL (High: 668.0334 / Low: 645.8831). On the other end, October was the most stable month, with a tight range of 2.3633 SLL (High: 613.6690 / Low: 611.3058).
Growth Streaks & Declines
TrendsNo 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 26.5871 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 696.8695) against the same month in 2023 (average: 940.5832), the exchange rate shifted by -243.7137 (-25.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 709.6154 | 690.5949 | 696.8695 |
| February | 688.6941 | 670.0377 | 680.6909 |
| March | 668.0334 | 645.8831 | 654.1038 |
| April | 656.3142 | 642.7418 | 647.9899 |
| May | 653.0032 | 645.6902 | 649.8282 |
| June | 651.5606 | 636.3554 | 643.2598 |
| July | 644.1217 | 631.9731 | 636.9702 |
| August | 632.1961 | 614.1417 | 622.2653 |
| September | 618.2703 | 612.9777 | 615.5597 |
| October | 613.6690 | 611.3058 | 612.0517 |
| November | 613.0375 | 604.5252 | 608.3899 |
| December | 604.0771 | 592.9342 | 599.0873 |