2024 JOD to TRY Historical Review

YEARLY HIGH

49.8670 TRY

YEARLY LOW

41.6439 TRY

YEARLY AVERAGE

46.3865 TRY

2024 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 49.8670. Conversely, the yearly low was recorded on January 1, dropping to 41.6439.

This high-to-low spread represents a total annual volatility of 8.2231 TRY. From a start-to-finish perspective, comparing the January average rate of 42.4182 to the December average rate of 49.3539, the exchange rate registered a net change of 16.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 49.8670 was up 19.72% compared to the 2023 peak of 41.6533, 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 249,335 TRY

2023 Average 167,966 TRY

Yearly Trough Low 208,220 TRY

Transaction Impact: A difference of 41,115.25 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

50.0474

41.7246

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 44.7113, compared to 48.0618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3504 points.

H1 Avg (Jan–Jun) 44.7113

H2 Avg (Jul–Dec) 48.0618

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.5248 TRY (High: 45.7983 / Low: 44.2735). On the other end, October was the most stable month, with a tight range of 0.1677 TRY (High: 48.3838 / Low: 48.2160).

March Spread (Volatile) ±1.5248

October Spread (Stable) ±0.1677

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1334 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 49.3539) against the same month in 2023 (average: 41.0194), the exchange rate shifted by +8.3345 (+20.32%).

2024 Avg (December) 49.3539

2023 Avg (December) 41.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.8150	41.6439	42.4182
February	44.1410	42.9332	43.4469
March	45.7983	44.2735	45.2258
April	46.0351	45.0704	45.6578
May	45.8249	45.2989	45.5244
June	46.4971	45.3992	45.9947
July	46.8195	45.9300	46.4527
August	48.1789	46.8030	47.5526
September	48.2840	47.8572	48.0703
October	48.3838	48.2160	48.3375
November	48.9177	48.2317	48.6036
December	49.8670	48.9540	49.3539