YEARLY HIGH
0.0079 JOD
YEARLY LOW
0.0064 JOD
YEARLY AVERAGE
0.0071 JOD

2023 ALL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0079. Conversely, the yearly low was recorded on January 8, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0015 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0075, the exchange rate registered a net change of 14.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0079 was up 18.26% compared to the 2022 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40 JOD
2022 Average 31 JOD
Yearly Trough Low 32 JOD
Transaction Impact: A difference of 7.72 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0077
0.0065
JanuMarcMayJulySeptNove

ALL 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 0.0068, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0007 JOD (High: 0.0076 / Low: 0.0069). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0071 / Low: 0.0070).

August Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0076) against the same month in 2022 (average: 0.0062), the exchange rate shifted by +0.0014 (+23.32%).

2023 Avg (July) 0.0076
2022 Avg (July) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0064 0.0066
February 0.0067 0.0065 0.0066
March 0.0068 0.0065 0.0066
April 0.0071 0.0068 0.0069
May 0.0070 0.0068 0.0069
June 0.0073 0.0069 0.0072
July 0.0079 0.0072 0.0076
August 0.0076 0.0069 0.0073
September 0.0071 0.0070 0.0071
October 0.0072 0.0070 0.0071
November 0.0076 0.0071 0.0074
December 0.0076 0.0074 0.0075