2023 AFN to JOD Historical Review

YEARLY HIGH

0.0103 JOD

YEARLY LOW

0.0078 JOD

YEARLY AVERAGE

0.0086 JOD

2023 AFN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0103. Conversely, the yearly low was recorded on April 18, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0026 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0080 to the December average rate of 0.0101, the exchange rate registered a net change of 27.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0103 was up 24.20% compared to the 2022 peak of 0.0083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 JOD

2022 Average 39 JOD

Yearly Trough Low 39 JOD

Transaction Impact: A difference of 12.84 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0104

0.0077

JanuMarcMayJulySeptNove

AFN 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 0.0081, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0081

H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0010 JOD (High: 0.0097 / Low: 0.0087). On the other end, December was the most stable month, with a tight range of 0.0002 JOD (High: 0.0102 / Low: 0.0100).

September Spread (Volatile) ±0.0010

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0099) against the same month in 2022 (average: 0.0081), the exchange rate shifted by +0.0019 (+23.16%).

2023 Avg (November) 0.0099

2022 Avg (November) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0081	0.0079	0.0080
February	0.0081	0.0078	0.0079
March	0.0083	0.0079	0.0081
April	0.0083	0.0078	0.0082
May	0.0082	0.0080	0.0081
June	0.0083	0.0081	0.0082
July	0.0083	0.0081	0.0082
August	0.0087	0.0082	0.0084
September	0.0097	0.0087	0.0091
October	0.0097	0.0090	0.0094
November	0.0103	0.0095	0.0099
December	0.0102	0.0100	0.0101