YEARLY HIGH
0.1018 JOD
YEARLY LOW
0.0425 JOD
YEARLY AVERAGE
0.0822 JOD

2021 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.1018. Conversely, the yearly low was recorded on December 19, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0593 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.0534, the exchange rate registered a net change of -44.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1018 was down 15.88% compared to the 2020 peak of 0.1211, 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 5,092 JOD
2020 Average 5,095 JOD
Yearly Trough Low 2,126 JOD
Transaction Impact: A difference of 2,966.50 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1045
0.0487
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 0.0902, compared to 0.0742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.0902
H2 Avg (Jul–Dec) 0.0742

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0238 JOD (High: 0.0663 / Low: 0.0425). On the other end, July was the most stable month, with a tight range of 0.0023 JOD (High: 0.0839 / Low: 0.0816).

December Spread (Volatile) ±0.0238
July Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0130 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0998) against the same month in 2020 (average: 0.1169), the exchange rate shifted by -0.0171 (-14.59%).

2021 Avg (February) 0.0998
2020 Avg (February) 0.1169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0974 0.0947 0.0958
February 0.1018 0.0955 0.0998
March 0.0982 0.0851 0.0923
April 0.0883 0.0842 0.0867
May 0.0861 0.0826 0.0845
June 0.0845 0.0807 0.0821
July 0.0839 0.0816 0.0825
August 0.0852 0.0819 0.0836
September 0.0856 0.0794 0.0828
October 0.0801 0.0729 0.0768
November 0.0743 0.0525 0.0663
December 0.0663 0.0425 0.0534