2024 TRY to SVC Historical Review

YEARLY HIGH

0.2969 SVC

YEARLY LOW

0.2474 SVC

YEARLY AVERAGE

0.2666 SVC

2024 TRY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2969. Conversely, the yearly low was recorded on December 31, dropping to 0.2474.

This high-to-low spread represents a total annual volatility of 0.0495 SVC. From a start-to-finish perspective, comparing the January average rate of 0.2907 to the December average rate of 0.2499, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2969 was down 36.68% compared to the 2023 peak of 0.4689, 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 14,847 SVC

2023 Average 18,947 SVC

Yearly Trough Low 12,372 SVC

Transaction Impact: A difference of 2,475.05 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2948

0.2458

JanuMarcMayJulySeptNove

TRY to SVC 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 0.2762, compared to 0.2569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.2762

H2 Avg (Jul–Dec) 0.2569

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0093 SVC (High: 0.2969 / Low: 0.2876). On the other end, October was the most stable month, with a tight range of 0.0015 SVC (High: 0.2565 / Low: 0.2549).

January Spread (Volatile) ±0.0093

October Spread (Stable) ±0.0015

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 0.0113 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2907) against the same month in 2023 (average: 0.4659), the exchange rate shifted by -0.1752 (-37.60%).

2024 Avg (January) 0.2907

2023 Avg (January) 0.4659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2969	0.2876	0.2907
February	0.2887	0.2797	0.2841
March	0.2786	0.2694	0.2728
April	0.2737	0.2676	0.2702
May	0.2725	0.2694	0.2711
June	0.2718	0.2657	0.2684
July	0.2688	0.2636	0.2657
August	0.2636	0.2551	0.2594
September	0.2581	0.2557	0.2569
October	0.2565	0.2549	0.2556
November	0.2560	0.2517	0.2539
December	0.2522	0.2474	0.2499