YEARLY HIGH
23.5227 TRY
YEARLY LOW
9.8191 TRY
YEARLY AVERAGE
12.5258 TRY

2021 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 23.5227. Conversely, the yearly low was recorded on February 15, dropping to 9.8191.

This high-to-low spread represents a total annual volatility of 13.7036 TRY. From a start-to-finish perspective, comparing the January average rate of 10.4384 to the December average rate of 18.9839, the exchange rate registered a net change of 81.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.5227 was up 95.63% compared to the 2020 peak of 12.0240, 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 117,614 TRY
2020 Average 49,528 TRY
Yearly Trough Low 49,096 TRY
Transaction Impact: A difference of 68,518.01 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.8802
9.1252
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 11.1453, compared to 13.9062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7609 points.

H1 Avg (Jan–Jun) 11.1453
H2 Avg (Jul–Dec) 13.9062

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 8.4378 TRY (High: 23.5227 / Low: 15.0849). On the other end, January was the most stable month, with a tight range of 0.2874 TRY (High: 10.5594 / Low: 10.2719).

December Spread (Volatile) ±8.4378
January Spread (Stable) ±0.2874

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.4169 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 18.9839) against the same month in 2020 (average: 10.8653), the exchange rate shifted by +8.1187 (+74.72%).

2021 Avg (December) 18.9839
2020 Avg (December) 10.8653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5594 10.2719 10.4384
February 10.4729 9.8191 10.0215
March 11.7482 10.1821 10.8548
April 11.8743 11.3312 11.5411
May 12.0998 11.6179 11.8330
June 12.3857 11.8291 12.1831
July 12.2615 11.9238 12.1234
August 12.2052 11.7333 11.9601
September 12.5868 11.6852 12.0907
October 13.7118 12.4853 13.0342
November 19.0501 13.4635 15.2452
December 23.5227 15.0849 18.9839