2023 AZN to JOD Historical Review

YEARLY HIGH

0.4177 JOD

YEARLY LOW

0.4159 JOD

YEARLY AVERAGE

0.4172 JOD

2023 AZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.4177. Conversely, the yearly low was recorded on November 11, dropping to 0.4159.

This high-to-low spread represents a total annual volatility of 0.0018 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4173 to the December average rate of 0.4173, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4177 was down 0.01% compared to the 2022 peak of 0.4178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,089 JOD

2022 Average 2,086 JOD

Yearly Trough Low 2,080 JOD

Transaction Impact: A difference of 8.96 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4174

0.4164

JanuMarcMayJulySeptNove

AZN 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 0.4173, compared to 0.4170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.4173

H2 Avg (Jul–Dec) 0.4170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0017 JOD (High: 0.4177 / Low: 0.4160). On the other end, April was the most stable month, with a tight range of 0.0001 JOD (High: 0.4173 / Low: 0.4172).

March Spread (Volatile) ±0.0017

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4173) against the same month in 2022 (average: 0.4171), the exchange rate shifted by +0.0002 (+0.05%).

2023 Avg (March) 0.4173

2022 Avg (March) 0.4171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4176	0.4172	0.4173
February	0.4176	0.4173	0.4173
March	0.4177	0.4160	0.4173
April	0.4173	0.4172	0.4173
May	0.4174	0.4172	0.4173
June	0.4174	0.4160	0.4173
July	0.4174	0.4160	0.4171
August	0.4166	0.4164	0.4165
September	0.4175	0.4165	0.4169
October	0.4175	0.4172	0.4173
November	0.4175	0.4159	0.4172
December	0.4174	0.4172	0.4173