2024 TRY to SZL Historical Review

YEARLY HIGH

0.6323 SZL

YEARLY LOW

0.5022 SZL

YEARLY AVERAGE

0.5587 SZL

2024 TRY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.6323. Conversely, the yearly low was recorded on September 30, dropping to 0.5022.

This high-to-low spread represents a total annual volatility of 0.1300 SZL. From a start-to-finish perspective, comparing the January average rate of 0.6242 to the December average rate of 0.5206, the exchange rate registered a net change of -16.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6323 was down 35.68% compared to the 2023 peak of 0.9830, 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 31,613 SZL

2023 Average 39,842 SZL

Yearly Trough Low 25,111 SZL

Transaction Impact: A difference of 6,502.01 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6353

0.5015

JanuMarcMayJulySeptNove

TRY to SZL 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 0.5910, compared to 0.5264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 0.5910

H2 Avg (Jul–Dec) 0.5264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0434 SZL (High: 0.5878 / Low: 0.5444). On the other end, February was the most stable month, with a tight range of 0.0116 SZL (High: 0.6214 / Low: 0.6098).

June Spread (Volatile) ±0.0434

February Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between October and December, 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 0.0279 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6242) against the same month in 2023 (average: 0.9107), the exchange rate shifted by -0.2865 (-31.46%).

2024 Avg (January) 0.6242

2023 Avg (January) 0.9107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6323	0.6163	0.6242
February	0.6214	0.6098	0.6157
March	0.6099	0.5771	0.5878
April	0.5905	0.5732	0.5826
May	0.5772	0.5633	0.5702
June	0.5878	0.5444	0.5654
July	0.5671	0.5427	0.5537
August	0.5559	0.5176	0.5350
September	0.5288	0.5022	0.5172
October	0.5175	0.5058	0.5126
November	0.5300	0.5079	0.5194
December	0.5335	0.5054	0.5206