2023 JOD to TRY Historical Review

YEARLY HIGH

41.6533 TRY

YEARLY LOW

26.3517 TRY

YEARLY AVERAGE

33.5495 TRY

2023 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 41.6533. Conversely, the yearly low was recorded on January 1, dropping to 26.3517.

This high-to-low spread represents a total annual volatility of 15.3016 TRY. From a start-to-finish perspective, comparing the January average rate of 26.4736 to the December average rate of 41.0194, the exchange rate registered a net change of 54.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.6533 was up 57.88% compared to the 2022 peak of 26.3836, 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 208,267 TRY

2022 Average 116,890 TRY

Yearly Trough Low 131,759 TRY

Transaction Impact: A difference of 76,507.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.4740

25.0190

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 28.0649, compared to 39.0342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9693 points.

H1 Avg (Jan–Jun) 28.0649

H2 Avg (Jul–Dec) 39.0342

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 7.3034 TRY (High: 36.7702 / Low: 29.4668). On the other end, February was the most stable month, with a tight range of 0.1054 TRY (High: 26.6250 / Low: 26.5196).

June Spread (Volatile) ±7.3034

February Spread (Stable) ±0.1054

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 41.0194) against the same month in 2022 (average: 26.2968), the exchange rate shifted by +14.7226 (+55.99%).

2023 Avg (December) 41.0194

2022 Avg (December) 26.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.5233	26.3517	26.4736
February	26.6250	26.5196	26.5681
March	27.0379	26.5355	26.7805
April	27.4220	27.0344	27.2678
May	29.2659	27.4341	27.8696
June	36.7702	29.4668	33.4298
July	38.0543	36.2875	37.3303
August	38.4452	36.5959	38.0186
September	38.7026	37.7072	38.1163
October	39.9088	38.7182	39.3117
November	40.8060	39.9325	40.4087
December	41.6533	40.7384	41.0194