YEARLY HIGH
0.3714 TJS
YEARLY LOW
0.3063 TJS
YEARLY AVERAGE
0.3287 TJS

2024 TRY to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3714. Conversely, the yearly low was recorded on November 18, dropping to 0.3063.

This high-to-low spread represents a total annual volatility of 0.0651 TJS. From a start-to-finish perspective, comparing the January average rate of 0.3630 to the December average rate of 0.3118, the exchange rate registered a net change of -14.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3714 was down 35.51% compared to the 2023 peak of 0.5760, 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 18,571 TJS
2023 Average 23,341 TJS
Yearly Trough Low 15,317 TJS
Transaction Impact: A difference of 3,254.29 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3684
0.3042
JanuMarcMayJulySeptNove

TRY to TJS 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 0.3436, compared to 0.3138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.3436
H2 Avg (Jul–Dec) 0.3138

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0123 TJS (High: 0.3714 / Low: 0.3591). On the other end, October was the most stable month, with a tight range of 0.0022 TJS (High: 0.3122 / Low: 0.3100).

January Spread (Volatile) ±0.0123
October Spread (Stable) ±0.0022

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 0.0139 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3630) against the same month in 2023 (average: 0.5448), the exchange rate shifted by -0.1818 (-33.36%).

2024 Avg (January) 0.3630
2023 Avg (January) 0.5448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3714 0.3591 0.3630
February 0.3605 0.3504 0.3553
March 0.3487 0.3369 0.3414
April 0.3428 0.3341 0.3379
May 0.3387 0.3325 0.3361
June 0.3335 0.3231 0.3279
July 0.3288 0.3193 0.3231
August 0.3193 0.3099 0.3147
September 0.3146 0.3109 0.3125
October 0.3122 0.3100 0.3110
November 0.3145 0.3063 0.3095
December 0.3144 0.3082 0.3118