YEARLY HIGH
12.0240 TRY
YEARLY LOW
8.2597 TRY
YEARLY AVERAGE
9.9025 TRY

2020 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 12.0240. Conversely, the yearly low was recorded on January 16, dropping to 8.2597.

This high-to-low spread represents a total annual volatility of 3.7643 TRY. From a start-to-finish perspective, comparing the January average rate of 8.3570 to the December average rate of 10.8653, the exchange rate registered a net change of 30.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.0240 was up 38.36% compared to the 2019 peak of 8.6906, 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 60,120 TRY
2019 Average 40,079 TRY
Yearly Trough Low 41,298 TRY
Transaction Impact: A difference of 18,821.59 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5237
8.0691
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 9.1519, compared to 10.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5013 points.

H1 Avg (Jan–Jun) 9.1519
H2 Avg (Jul–Dec) 10.6532

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.3831 TRY (High: 12.0240 / Low: 10.6409). On the other end, January was the most stable month, with a tight range of 0.1835 TRY (High: 8.4432 / Low: 8.2597).

November Spread (Volatile) ±1.3831
January Spread (Stable) ±0.1835

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.3706 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 11.2358) against the same month in 2019 (average: 8.0965), the exchange rate shifted by +3.1393 (+38.77%).

2020 Avg (November) 11.2358
2019 Avg (November) 8.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.4432 8.2597 8.3570
February 8.8087 8.4339 8.5571
March 9.3307 8.5764 8.9522
April 9.8599 9.3577 9.6626
May 10.1549 9.4988 9.7668
June 9.6711 9.4588 9.6155
July 9.8399 9.6332 9.6914
August 10.4363 9.7764 10.2665
September 11.0297 10.3959 10.6470
October 11.7726 10.9396 11.2130
November 12.0240 10.6409 11.2358
December 11.1294 10.4107 10.8653