2024 TRY to WST Historical Review

YEARLY HIGH

0.0948 WST

YEARLY LOW

0.0792 WST

YEARLY AVERAGE

0.0853 WST

2024 TRY to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0948. Conversely, the yearly low was recorded on December 31, dropping to 0.0792.

This high-to-low spread represents a total annual volatility of 0.0156 WST. From a start-to-finish perspective, comparing the January average rate of 0.0931 to the December average rate of 0.0800, 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 0.0948 was down 34.35% compared to the 2023 peak of 0.1443, 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 4,738 WST

2023 Average 5,910 WST

Yearly Trough Low 3,959 WST

Transaction Impact: A difference of 779.01 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0944

0.0787

JanuMarcMayJulySeptNove

TRY to WST 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 0.0884, compared to 0.0822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0884

H2 Avg (Jul–Dec) 0.0822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0030 WST (High: 0.0892 / Low: 0.0862). On the other end, October was the most stable month, with a tight range of 0.0003 WST (High: 0.0819 / Low: 0.0816).

March Spread (Volatile) ±0.0030

October Spread (Stable) ±0.0003

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 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0931) against the same month in 2023 (average: 0.1436), the exchange rate shifted by -0.0506 (-35.22%).

2024 Avg (January) 0.0931

2023 Avg (January) 0.1436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0948	0.0922	0.0931
February	0.0920	0.0895	0.0909
March	0.0892	0.0862	0.0873
April	0.0876	0.0858	0.0865
May	0.0872	0.0862	0.0868
June	0.0870	0.0850	0.0859
July	0.0860	0.0844	0.0851
August	0.0844	0.0820	0.0831
September	0.0826	0.0818	0.0822
October	0.0819	0.0816	0.0817
November	0.0819	0.0807	0.0812
December	0.0807	0.0792	0.0800