2024 TRY to JOD Historical Review

YEARLY HIGH

0.0240 JOD

YEARLY LOW

0.0201 JOD

YEARLY AVERAGE

0.0216 JOD

2024 TRY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0240. Conversely, the yearly low was recorded on December 31, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0040 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0203, the exchange rate registered a net change of -14.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0240 was down 36.72% compared to the 2023 peak of 0.0379, 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 1,201 JOD

2023 Average 1,537 JOD

Yearly Trough Low 1,003 JOD

Transaction Impact: A difference of 197.99 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0239

0.0199

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 0.0224, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0224

H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 JOD (High: 0.0226 / Low: 0.0218). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0207 / Low: 0.0207).

March Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0236) against the same month in 2023 (average: 0.0378), the exchange rate shifted by -0.0142 (-37.59%).

2024 Avg (January) 0.0236

2023 Avg (January) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0240	0.0234	0.0236
February	0.0233	0.0227	0.0230
March	0.0226	0.0218	0.0221
April	0.0222	0.0217	0.0219
May	0.0221	0.0218	0.0220
June	0.0220	0.0215	0.0217
July	0.0218	0.0214	0.0215
August	0.0214	0.0208	0.0210
September	0.0209	0.0207	0.0208
October	0.0207	0.0207	0.0207
November	0.0207	0.0204	0.0206
December	0.0204	0.0201	0.0203