2024 XCD to TRY Historical Review

YEARLY HIGH

13.0860 TRY

YEARLY LOW

10.9343 TRY

YEARLY AVERAGE

12.1680 TRY

2024 XCD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.0860. Conversely, the yearly low was recorded on January 1, dropping to 10.9343.

This high-to-low spread represents a total annual volatility of 2.1517 TRY. From a start-to-finish perspective, comparing the January average rate of 11.1349 to the December average rate of 12.9520, 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 13.0860 was up 19.65% compared to the 2023 peak of 10.9368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,430 TRY

2023 Average 44,077 TRY

Yearly Trough Low 54,672 TRY

Transaction Impact: A difference of 10,758.60 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.1337

10.9532

JanuMarcMayJulySeptNove

XCD 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 11.7293, compared to 12.6067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8774 points.

H1 Avg (Jan–Jun) 11.7293

H2 Avg (Jul–Dec) 12.6067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3983 TRY (High: 12.0132 / Low: 11.6149). On the other end, October was the most stable month, with a tight range of 0.0489 TRY (High: 12.6928 / Low: 12.6439).

March Spread (Volatile) ±0.3983

October Spread (Stable) ±0.0489

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 0.0343 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.9520) against the same month in 2023 (average: 10.7678), the exchange rate shifted by +2.1842 (+20.28%).

2024 Avg (December) 12.9520

2023 Avg (December) 10.7678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2355	10.9343	11.1349
February	11.5802	11.2665	11.3996
March	12.0132	11.6149	11.8633
April	12.0720	11.8223	11.9746
May	12.0168	11.8823	11.9404
June	12.1931	11.9086	12.0629
July	12.2777	12.0461	12.1817
August	12.6341	12.2733	12.4701
September	12.6581	12.5498	12.6051
October	12.6928	12.6439	12.6773
November	12.8351	12.6569	12.7538
December	13.0860	12.8446	12.9520