YEARLY HIGH
0.2082 JOD
YEARLY LOW
0.1788 JOD
YEARLY AVERAGE
0.1948 JOD

2017 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.2082. Conversely, the yearly low was recorded on November 28, dropping to 0.1788.

This high-to-low spread represents a total annual volatility of 0.0295 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1895 to the December average rate of 0.1848, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2082 was down 17.81% compared to the 2016 peak of 0.2534, 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 10,412 JOD
2016 Average 11,753 JOD
Yearly Trough Low 8,939 JOD
Transaction Impact: A difference of 1,472.94 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2065
0.1800
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 0.1952, compared to 0.1943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1952
H2 Avg (Jul–Dec) 0.1943

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0182 JOD (High: 0.2009 / Low: 0.1827). On the other end, June was the most stable month, with a tight range of 0.0036 JOD (High: 0.2035 / Low: 0.1999).

January Spread (Volatile) ±0.0182
June Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0115 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.2043) against the same month in 2016 (average: 0.2388), the exchange rate shifted by -0.0345 (-14.45%).

2017 Avg (September) 0.2043
2016 Avg (September) 0.2388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2009 0.1827 0.1895
February 0.1985 0.1878 0.1935
March 0.1967 0.1880 0.1931
April 0.1998 0.1901 0.1944
May 0.2013 0.1958 0.1990
June 0.2035 0.1999 0.2018
July 0.2016 0.1960 0.1996
August 0.2063 0.2000 0.2022
September 0.2082 0.1982 0.2043
October 0.1988 0.1856 0.1928
November 0.1866 0.1788 0.1822
December 0.1880 0.1807 0.1848