2024 TRY to SOS Historical Review

YEARLY HIGH

19.3934 SOS

YEARLY LOW

16.1625 SOS

YEARLY AVERAGE

17.4075 SOS

2024 TRY to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 19.3934. Conversely, the yearly low was recorded on December 31, dropping to 16.1625.

This high-to-low spread represents a total annual volatility of 3.2309 SOS. From a start-to-finish perspective, comparing the January average rate of 18.9839 to the December average rate of 16.3227, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.3934 was down 36.38% compared to the 2023 peak of 30.4810, 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 969,669 SOS

2023 Average 1,233,078 SOS

Yearly Trough Low 808,123 SOS

Transaction Impact: A difference of 161,545.40 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.2501

16.0566

JanuMarcMayJulySeptNove

TRY to SOS 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 18.0404, compared to 16.7747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2657 points.

H1 Avg (Jan–Jun) 18.0404

H2 Avg (Jul–Dec) 16.7747

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.6063 SOS (High: 18.2065 / Low: 17.6002). On the other end, October was the most stable month, with a tight range of 0.1028 SOS (High: 16.7515 / Low: 16.6487).

March Spread (Volatile) ±0.6063

October Spread (Stable) ±0.1028

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 0.7386 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 18.9839) against the same month in 2023 (average: 30.2807), the exchange rate shifted by -11.2968 (-37.31%).

2024 Avg (January) 18.9839

2023 Avg (January) 30.2807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3934	18.7955	18.9839
February	18.8689	18.2663	18.5587
March	18.2065	17.6002	17.8201
April	17.8796	17.4945	17.6549
May	17.7971	17.5668	17.6970
June	17.7650	17.3401	17.5278
July	17.5542	17.2139	17.3505
August	17.2141	16.6872	16.9301
September	16.8542	16.6978	16.7752
October	16.7515	16.6487	16.6845
November	16.7361	16.4482	16.5850
December	16.4701	16.1625	16.3227