2023 AED to JOD Historical Review

YEARLY HIGH

0.1933 JOD

YEARLY LOW

0.1927 JOD

YEARLY AVERAGE

0.1931 JOD

2023 AED to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1933. Conversely, the yearly low was recorded on August 15, dropping to 0.1927.

This high-to-low spread represents a total annual volatility of 0.0006 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1931 to the December average rate of 0.1932, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1933 was down 0.00% compared to the 2022 peak of 0.1934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 967 JOD

2022 Average 965 JOD

Yearly Trough Low 963 JOD

Transaction Impact: A difference of 3.24 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1932

0.1927

JanuMarcMayJulySeptNove

AED 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 0.1932, compared to 0.1930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1932

H2 Avg (Jul–Dec) 0.1930

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0005 JOD (High: 0.1932 / Low: 0.1928). On the other end, June was the most stable month, with a tight range of 0.0001 JOD (High: 0.1932 / Low: 0.1931).

September Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1932) against the same month in 2022 (average: 0.1930), the exchange rate shifted by +0.0001 (+0.08%).

2023 Avg (March) 0.1932

2022 Avg (March) 0.1930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1933	0.1931	0.1931
February	0.1933	0.1931	0.1932
March	0.1933	0.1931	0.1932
April	0.1932	0.1931	0.1932
May	0.1932	0.1931	0.1932
June	0.1932	0.1931	0.1931
July	0.1932	0.1928	0.1931
August	0.1928	0.1927	0.1928
September	0.1932	0.1928	0.1929
October	0.1932	0.1931	0.1931
November	0.1933	0.1931	0.1931
December	0.1932	0.1931	0.1932