YEARLY HIGH
0.2534 JOD
YEARLY LOW
0.2002 JOD
YEARLY AVERAGE
0.2351 JOD

2016 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.2534. Conversely, the yearly low was recorded on December 4, dropping to 0.2002.

This high-to-low spread represents a total annual volatility of 0.0532 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2363 to the December average rate of 0.2022, the exchange rate registered a net change of -14.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2534 was down 18.49% compared to the 2015 peak of 0.3108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 12,669 JOD
2015 Average 13,077 JOD
Yearly Trough Low 10,010 JOD
Transaction Impact: A difference of 2,658.75 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2547
0.1974
JanuMarcMayJulySeptNove

TRY to JOD 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 0.2428, compared to 0.2275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.2428
H2 Avg (Jul–Dec) 0.2275

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0223 JOD (High: 0.2276 / Low: 0.2053). On the other end, April was the most stable month, with a tight range of 0.0054 JOD (High: 0.2532 / Low: 0.2478).

November Spread (Volatile) ±0.0223
April Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0153 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.2409) against the same month in 2015 (average: 0.2680), the exchange rate shifted by -0.0271 (-10.11%).

2016 Avg (May) 0.2409
2015 Avg (May) 0.2680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2433 0.2328 0.2363
February 0.2429 0.2373 0.2406
March 0.2513 0.2407 0.2459
April 0.2532 0.2478 0.2499
May 0.2534 0.2366 0.2409
June 0.2479 0.2402 0.2430
July 0.2453 0.2306 0.2386
August 0.2425 0.2355 0.2393
September 0.2419 0.2364 0.2388
October 0.2362 0.2278 0.2306
November 0.2276 0.2053 0.2153
December 0.2077 0.2002 0.2022