2024 UAH to TRY Historical Review

YEARLY HIGH

0.8425 TRY

YEARLY LOW

0.7750 TRY

YEARLY AVERAGE

0.8184 TRY

2024 UAH to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8425. Conversely, the yearly low was recorded on January 1, dropping to 0.7750.

This high-to-low spread represents a total annual volatility of 0.0675 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7953 to the December average rate of 0.8379, the exchange rate registered a net change of 5.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8425 was up 4.97% compared to the 2023 peak of 0.8026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 4,213 TRY

2023 Average 3,238 TRY

Yearly Trough Low 3,875 TRY

Transaction Impact: A difference of 337.57 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8422

0.7910

JanuMarcMayJulySeptNove

UAH to TRY 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 0.8122, compared to 0.8245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.8122

H2 Avg (Jul–Dec) 0.8245

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0353 TRY (High: 0.8103 / Low: 0.7750). On the other end, October was the most stable month, with a tight range of 0.0053 TRY (High: 0.8328 / Low: 0.8275).

January Spread (Volatile) ±0.0353

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0097 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8379) against the same month in 2023 (average: 0.7824), the exchange rate shifted by +0.0555 (+7.09%).

2024 Avg (December) 0.8379

2023 Avg (December) 0.7824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8103	0.7750	0.7953
February	0.8227	0.8030	0.8109
March	0.8422	0.8190	0.8282
April	0.8289	0.8151	0.8219
May	0.8230	0.7954	0.8121
June	0.8126	0.7955	0.8051
July	0.8094	0.7937	0.8028
August	0.8311	0.8065	0.8184
September	0.8302	0.8197	0.8255
October	0.8328	0.8275	0.8301
November	0.8415	0.8251	0.8325
December	0.8425	0.8318	0.8379