YEARLY HIGH
0.1211 JOD
YEARLY LOW
0.0832 JOD
YEARLY AVERAGE
0.1019 JOD

2020 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.1211. Conversely, the yearly low was recorded on November 7, dropping to 0.0832.

This high-to-low spread represents a total annual volatility of 0.0379 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1197 to the December average rate of 0.0921, the exchange rate registered a net change of -23.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1211 was down 11.60% compared to the 2019 peak of 0.1370, 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 6,054 JOD
2019 Average 6,247 JOD
Yearly Trough Low 4,158 JOD
Transaction Impact: A difference of 1,895.16 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1227
0.0861
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 0.1097, compared to 0.0942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.1097
H2 Avg (Jul–Dec) 0.0942

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0108 JOD (High: 0.0940 / Low: 0.0832). On the other end, July was the most stable month, with a tight range of 0.0022 JOD (High: 0.1038 / Low: 0.1016).

November Spread (Volatile) ±0.0108
July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0083 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1197) against the same month in 2019 (average: 0.1324), the exchange rate shifted by -0.0128 (-9.65%).

2020 Avg (January) 0.1197
2019 Avg (January) 0.1324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1211 0.1184 0.1197
February 0.1186 0.1135 0.1169
March 0.1166 0.1072 0.1118
April 0.1069 0.1014 0.1035
May 0.1053 0.0985 0.1024
June 0.1057 0.1034 0.1040
July 0.1038 0.1016 0.1032
August 0.1023 0.0958 0.0974
September 0.0962 0.0907 0.0939
October 0.0914 0.0849 0.0892
November 0.0940 0.0832 0.0891
December 0.0961 0.0899 0.0921