2024 TRY to XDR Historical Review

YEARLY HIGH

0.0253 XDR

YEARLY LOW

0.0215 XDR

YEARLY AVERAGE

0.0229 XDR

2024 TRY to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0253. Conversely, the yearly low was recorded on October 2, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0037 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0218, the exchange rate registered a net change of -12.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0253 was down 37.12% compared to the 2023 peak of 0.0402, 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 1,264 XDR

2023 Average 1,622 XDR

Yearly Trough Low 1,077 XDR

Transaction Impact: A difference of 186.88 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0252

0.0214

JanuMarcMayJulySeptNove

TRY to XDR 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 0.0238, compared to 0.0221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0009 XDR (High: 0.0227 / Low: 0.0218). On the other end, May was the most stable month, with a tight range of 0.0002 XDR (High: 0.0235 / Low: 0.0234).

August Spread (Volatile) ±0.0009

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0249) against the same month in 2023 (average: 0.0396), the exchange rate shifted by -0.0147 (-37.21%).

2024 Avg (January) 0.0249

2023 Avg (January) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0253	0.0247	0.0249
February	0.0248	0.0241	0.0245
March	0.0240	0.0232	0.0235
April	0.0236	0.0232	0.0234
May	0.0235	0.0234	0.0234
June	0.0235	0.0231	0.0232
July	0.0234	0.0227	0.0230
August	0.0227	0.0218	0.0222
September	0.0219	0.0216	0.0218
October	0.0220	0.0215	0.0218
November	0.0221	0.0217	0.0220
December	0.0220	0.0216	0.0218