2024 WST to TRY Historical Review

YEARLY HIGH

12.6306 TRY

YEARLY LOW

10.5538 TRY

YEARLY AVERAGE

11.7445 TRY

2024 WST to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.6306. Conversely, the yearly low was recorded on January 1, dropping to 10.5538.

This high-to-low spread represents a total annual volatility of 2.0768 TRY. From a start-to-finish perspective, comparing the January average rate of 10.7473 to the December average rate of 12.5013, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.6306 was up 19.65% compared to the 2023 peak of 10.5561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,153 TRY

2023 Average 43,542 TRY

Yearly Trough Low 52,769 TRY

Transaction Impact: A difference of 10,384.16 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.6766

10.5720

JanuMarcMayJulySeptNove

WST 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 11.3211, compared to 12.1679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8469 points.

H1 Avg (Jan–Jun) 11.3211

H2 Avg (Jul–Dec) 12.1679

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3845 TRY (High: 11.5951 / Low: 11.2107). On the other end, October was the most stable month, with a tight range of 0.0472 TRY (High: 12.2510 / Low: 12.2038).

March Spread (Volatile) ±0.3845

October Spread (Stable) ±0.0472

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0331 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.5013) against the same month in 2023 (average: 10.3930), the exchange rate shifted by +2.1082 (+20.28%).

2024 Avg (December) 12.5013

2023 Avg (December) 10.3930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8444	10.5538	10.7473
February	11.1771	10.8744	11.0028
March	11.5951	11.2107	11.4505
April	11.6518	11.4109	11.5579
May	11.5986	11.4687	11.5248
June	11.7687	11.4941	11.6431
July	11.8504	11.6269	11.7578
August	12.1944	11.8462	12.0361
September	12.2176	12.1130	12.1664
October	12.2510	12.2038	12.2361
November	12.3884	12.2164	12.3099
December	12.6306	12.3976	12.5013