YEARLY HIGH
4.9951 TRY
YEARLY LOW
3.9467 TRY
YEARLY AVERAGE
4.2683 TRY

2016 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 4.9951. Conversely, the yearly low was recorded on May 1, dropping to 3.9467.

This high-to-low spread represents a total annual volatility of 1.0483 TRY. From a start-to-finish perspective, comparing the January average rate of 4.2322 to the December average rate of 4.9456, the exchange rate registered a net change of 16.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.9951 was up 15.82% compared to the 2015 peak of 4.3129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,975 TRY
2015 Average 19,223 TRY
Yearly Trough Low 19,734 TRY
Transaction Impact: A difference of 5,241.53 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

5.0400
3.9074
JanuMarcMayJulySeptNove

JOD 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 4.1210, compared to 4.4156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2946 points.

H1 Avg (Jan–Jun) 4.1210
H2 Avg (Jul–Dec) 4.4156

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4774 TRY (High: 4.8719 / Low: 4.3944). On the other end, April was the most stable month, with a tight range of 0.0861 TRY (High: 4.0363 / Low: 3.9502).

November Spread (Volatile) ±0.4774
April Spread (Stable) ±0.0861

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0891 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 4.9456) against the same month in 2015 (average: 4.1195), the exchange rate shifted by +0.8262 (+20.06%).

2016 Avg (December) 4.9456
2015 Avg (December) 4.1195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2961 4.1109 4.2322
February 4.2132 4.1173 4.1563
March 4.1544 3.9800 4.0672
April 4.0363 3.9502 4.0018
May 4.2259 3.9467 4.1528
June 4.1630 4.0342 4.1155
July 4.3360 4.0763 4.1932
August 4.2471 4.1243 4.1790
September 4.2308 4.1345 4.1882
October 4.3908 4.2338 4.3366
November 4.8719 4.3944 4.6508
December 4.9951 4.8142 4.9456