2024 YER to TRY Historical Review

YEARLY HIGH

0.1415 TRY

YEARLY LOW

0.1181 TRY

YEARLY AVERAGE

0.1314 TRY

2024 YER to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1415. Conversely, the yearly low was recorded on January 1, dropping to 0.1181.

This high-to-low spread represents a total annual volatility of 0.0235 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1202 to the December average rate of 0.1400, the exchange rate registered a net change of 16.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1415 was up 19.84% compared to the 2023 peak of 0.1181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 708 TRY

2023 Average 476 TRY

Yearly Trough Low 590 TRY

Transaction Impact: A difference of 117.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1420

0.1182

JanuMarcMayJulySeptNove

YER 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 0.1266, compared to 0.1362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.1266

H2 Avg (Jul–Dec) 0.1362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0043 TRY (High: 0.1297 / Low: 0.1254). On the other end, October was the most stable month, with a tight range of 0.0006 TRY (High: 0.1370 / Low: 0.1365).

March Spread (Volatile) ±0.0043

October Spread (Stable) ±0.0006

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 0.0003 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1400) against the same month in 2023 (average: 0.1163), the exchange rate shifted by +0.0237 (+20.36%).

2024 Avg (December) 0.1400

2023 Avg (December) 0.1163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1213	0.1181	0.1202
February	0.1250	0.1216	0.1231
March	0.1297	0.1254	0.1281
April	0.1303	0.1276	0.1293
May	0.1297	0.1283	0.1290
June	0.1316	0.1285	0.1302
July	0.1325	0.1300	0.1315
August	0.1364	0.1325	0.1346
September	0.1367	0.1355	0.1361
October	0.1370	0.1365	0.1369
November	0.1388	0.1369	0.1379
December	0.1415	0.1386	0.1400