2023 ARS to JOD Historical Review

YEARLY HIGH

0.0040 JOD

YEARLY LOW

0.0009 JOD

YEARLY AVERAGE

0.0027 JOD

2023 ARS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0040. Conversely, the yearly low was recorded on December 31, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0031 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0013, the exchange rate registered a net change of -66.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was down 41.90% compared to the 2022 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20 JOD

2022 Average 28 JOD

Yearly Trough Low 4 JOD

Transaction Impact: A difference of 15.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0042

0.0010

JanuMarcMayJulySeptNove

ARS 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 0.0034, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0011 JOD (High: 0.0020 / Low: 0.0009). On the other end, September was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

December Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0039) against the same month in 2022 (average: 0.0068), the exchange rate shifted by -0.0029 (-42.89%).

2023 Avg (January) 0.0039

2022 Avg (January) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0038	0.0039
February	0.0038	0.0036	0.0037
March	0.0036	0.0034	0.0035
April	0.0034	0.0032	0.0033
May	0.0032	0.0030	0.0031
June	0.0030	0.0028	0.0029
July	0.0028	0.0026	0.0027
August	0.0026	0.0020	0.0022
September	0.0020	0.0020	0.0020
October	0.0020	0.0020	0.0020
November	0.0020	0.0020	0.0020
December	0.0020	0.0009	0.0013