2024 TRY to XCD Historical Review

YEARLY HIGH

0.0915 XCD

YEARLY LOW

0.0764 XCD

YEARLY AVERAGE

0.0823 XCD

2024 TRY to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0915. Conversely, the yearly low was recorded on December 31, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0150 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0898 to the December average rate of 0.0772, 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 0.0915 was down 36.75% compared to the 2023 peak of 0.1446, 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 4,573 XCD

2023 Average 5,855 XCD

Yearly Trough Low 3,821 XCD

Transaction Impact: A difference of 751.89 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0911

0.0760

JanuMarcMayJulySeptNove

TRY to XCD 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 0.0853, compared to 0.0794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0853

H2 Avg (Jul–Dec) 0.0794

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0029 XCD (High: 0.0861 / Low: 0.0832). On the other end, October was the most stable month, with a tight range of 0.0003 XCD (High: 0.0791 / Low: 0.0788).

March Spread (Volatile) ±0.0029

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 0.0034 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0898) against the same month in 2023 (average: 0.1439), the exchange rate shifted by -0.0541 (-37.59%).

2024 Avg (January) 0.0898

2023 Avg (January) 0.1439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0915	0.0890	0.0898
February	0.0888	0.0864	0.0877
March	0.0861	0.0832	0.0843
April	0.0846	0.0828	0.0835
May	0.0842	0.0832	0.0837
June	0.0840	0.0820	0.0829
July	0.0830	0.0814	0.0821
August	0.0815	0.0792	0.0802
September	0.0797	0.0790	0.0793
October	0.0791	0.0788	0.0789
November	0.0790	0.0779	0.0784
December	0.0779	0.0764	0.0772