YEARLY HIGH
0.3201 TRY
YEARLY LOW
0.2728 TRY
YEARLY AVERAGE
0.2982 TRY

2024 XPF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3201. Conversely, the yearly low was recorded on January 3, dropping to 0.2728.

This high-to-low spread represents a total annual volatility of 0.0474 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2751 to the December average rate of 0.3072, the exchange rate registered a net change of 11.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3201 was up 16.78% compared to the 2023 peak of 0.2741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,601 TRY
2023 Average 1,081 TRY
Yearly Trough Low 1,364 TRY
Transaction Impact: A difference of 236.91 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3214
0.2709
JanuMarcMayJulySeptNove

XPF 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 0.2872, compared to 0.3092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.2872
H2 Avg (Jul–Dec) 0.3092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0192 TRY (High: 0.3190 / Low: 0.2998). On the other end, May was the most stable month, with a tight range of 0.0033 TRY (High: 0.2940 / Low: 0.2906).

August Spread (Volatile) ±0.0192
May Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.0059 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3172) against the same month in 2023 (average: 0.2417), the exchange rate shifted by +0.0755 (+31.22%).

2024 Avg (September) 0.3172
2023 Avg (September) 0.2417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2767 0.2728 0.2751
February 0.2836 0.2749 0.2787
March 0.2971 0.2853 0.2921
April 0.2934 0.2887 0.2908
May 0.2940 0.2906 0.2924
June 0.2976 0.2913 0.2940
July 0.3035 0.2932 0.2995
August 0.3190 0.2998 0.3114
September 0.3201 0.3138 0.3172
October 0.3170 0.3096 0.3129
November 0.3144 0.3017 0.3070
December 0.3085 0.3040 0.3072