YEARLY HIGH
0.0222 TRY
YEARLY LOW
0.0177 TRY
YEARLY AVERAGE
0.0196 TRY

2011 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0222. Conversely, the yearly low was recorded on April 8, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0045 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0217, the exchange rate registered a net change of 20.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0222 was up 21.53% compared to the 2010 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111 TRY
2010 Average 86 TRY
Yearly Trough Low 88 TRY
Transaction Impact: A difference of 22.71 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0221
0.0174
JanuMarcMayJulySeptNove

JMD 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 0.0183, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0183
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0018 TRY (High: 0.0221 / Low: 0.0203). On the other end, February was the most stable month, with a tight range of 0.0003 TRY (High: 0.0185 / Low: 0.0181).

October Spread (Volatile) ±0.0018
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0217) against the same month in 2010 (average: 0.0175), the exchange rate shifted by +0.0041 (+23.62%).

2011 Avg (December) 0.0217
2010 Avg (December) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0185 0.0177 0.0180
February 0.0185 0.0181 0.0183
March 0.0186 0.0177 0.0182
April 0.0180 0.0177 0.0178
May 0.0189 0.0178 0.0185
June 0.0193 0.0185 0.0188
July 0.0202 0.0189 0.0194
August 0.0209 0.0196 0.0205
September 0.0217 0.0201 0.0210
October 0.0221 0.0203 0.0213
November 0.0219 0.0205 0.0211
December 0.0222 0.0211 0.0217