YEARLY HIGH
5.5933 TRY
YEARLY LOW
4.8021 TRY
YEARLY AVERAGE
5.1418 TRY

2017 JOD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 5.5933. Conversely, the yearly low was recorded on September 7, dropping to 4.8021.

This high-to-low spread represents a total annual volatility of 0.7913 TRY. From a start-to-finish perspective, comparing the January average rate of 5.2819 to the December average rate of 5.4122, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 5.5933 was up 11.98% compared to the 2016 peak of 4.9951, 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 27,967 TRY
2016 Average 21,346 TRY
Yearly Trough Low 24,010 TRY
Transaction Impact: A difference of 3,956.26 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

5.5495
4.8372
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 5.1258, compared to 5.1577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 5.1258
H2 Avg (Jul–Dec) 5.1577

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.4946 TRY (High: 5.4720 / Low: 4.9774). On the other end, June was the most stable month, with a tight range of 0.0884 TRY (High: 5.0025 / Low: 4.9141).

January Spread (Volatile) ±0.4946
June Spread (Stable) ±0.0884

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 5.4901) against the same month in 2016 (average: 4.6508), the exchange rate shifted by +0.8393 (+18.05%).

2017 Avg (November) 5.4901
2016 Avg (November) 4.6508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4720 4.9774 5.2819
February 5.3257 5.0380 5.1680
March 5.3184 5.0833 5.1793
April 5.2595 5.0053 5.1441
May 5.1079 4.9667 5.0256
June 5.0025 4.9141 4.9560
July 5.1020 4.9603 5.0104
August 5.0007 4.8485 4.9471
September 5.0465 4.8021 4.8966
October 5.3872 5.0314 5.1897
November 5.5933 5.3604 5.4901
December 5.5344 5.3202 5.4122