2023 TRY to JOD Historical Review

YEARLY HIGH

0.0379 JOD

YEARLY LOW

0.0240 JOD

YEARLY AVERAGE

0.0308 JOD

2023 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0379. Conversely, the yearly low was recorded on December 28, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0139 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0378 to the December average rate of 0.0244, the exchange rate registered a net change of -35.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0379 was down 30.09% compared to the 2022 peak of 0.0543, 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 1,897 JOD

2022 Average 2,170 JOD

Yearly Trough Low 1,200 JOD

Transaction Impact: A difference of 697.02 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0391

0.0230

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 0.0359, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.0359

H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0067 JOD (High: 0.0339 / Low: 0.0272). On the other end, February was the most stable month, with a tight range of 0.0001 JOD (High: 0.0377 / Low: 0.0376).

June Spread (Volatile) ±0.0067

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0058 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0378) against the same month in 2022 (average: 0.0524), the exchange rate shifted by -0.0146 (-27.93%).

2023 Avg (January) 0.0378

2022 Avg (January) 0.0524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0377	0.0378
February	0.0377	0.0376	0.0376
March	0.0377	0.0370	0.0373
April	0.0370	0.0365	0.0367
May	0.0365	0.0342	0.0359
June	0.0339	0.0272	0.0301
July	0.0276	0.0263	0.0268
August	0.0273	0.0260	0.0263
September	0.0265	0.0258	0.0262
October	0.0258	0.0251	0.0254
November	0.0250	0.0245	0.0247
December	0.0245	0.0240	0.0244