YEARLY HIGH
0.8649 TRY
YEARLY LOW
0.7555 TRY
YEARLY AVERAGE
0.8185 TRY

2024 UYU to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.8649. Conversely, the yearly low was recorded on January 1, dropping to 0.7555.

This high-to-low spread represents a total annual volatility of 0.1094 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7682 to the December average rate of 0.7960, the exchange rate registered a net change of 3.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8649 was up 14.23% compared to the 2023 peak of 0.7571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,325 TRY
2023 Average 3,071 TRY
Yearly Trough Low 3,777 TRY
Transaction Impact: A difference of 547.21 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8498
0.7608
JanuMarcMayJulySeptNove

UYU 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 0.8170, compared to 0.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.8170
H2 Avg (Jul–Dec) 0.8201

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0615 TRY (High: 0.8649 / Low: 0.8034). On the other end, June was the most stable month, with a tight range of 0.0154 TRY (High: 0.8411 / Low: 0.8257).

March Spread (Volatile) ±0.0615
June Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0179 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.8337) against the same month in 2023 (average: 0.4860), the exchange rate shifted by +0.3477 (+71.53%).

2024 Avg (March) 0.8337
2023 Avg (March) 0.4860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7824 0.7555 0.7682
February 0.8006 0.7771 0.7874
March 0.8649 0.8034 0.8337
April 0.8590 0.8346 0.8423
May 0.8473 0.8311 0.8385
June 0.8411 0.8257 0.8319
July 0.8273 0.8099 0.8196
August 0.8473 0.8220 0.8356
September 0.8447 0.8084 0.8317
October 0.8360 0.8170 0.8237
November 0.8279 0.8011 0.8139
December 0.8096 0.7862 0.7960