2023 BAM to JOD Historical Review

YEARLY HIGH

0.4081 JOD

YEARLY LOW

0.3798 JOD

YEARLY AVERAGE

0.3923 JOD

2023 BAM to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.4081. Conversely, the yearly low was recorded on October 3, dropping to 0.3798.

This high-to-low spread represents a total annual volatility of 0.0283 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3903 to the December average rate of 0.3959, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4081 was down 1.89% compared to the 2022 peak of 0.4160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,041 JOD

2022 Average 1,911 JOD

Yearly Trough Low 1,899 JOD

Transaction Impact: A difference of 141.65 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4028

0.3816

JanuMarcMayJulySeptNove

BAM 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 0.3922, compared to 0.3925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.3922

H2 Avg (Jul–Dec) 0.3925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0160 JOD (High: 0.3986 / Low: 0.3826). On the other end, October was the most stable month, with a tight range of 0.0067 JOD (High: 0.3865 / Low: 0.3798).

November Spread (Volatile) ±0.0160

October Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4010) against the same month in 2022 (average: 0.3698), the exchange rate shifted by +0.0312 (+8.44%).

2023 Avg (July) 0.4010

2022 Avg (July) 0.3698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3953	0.3803	0.3903
February	0.3992	0.3832	0.3886
March	0.3951	0.3823	0.3883
April	0.4037	0.3941	0.3980
May	0.4014	0.3888	0.3945
June	0.3992	0.3877	0.3931
July	0.4081	0.3944	0.4010
August	0.3993	0.3908	0.3951
September	0.3927	0.3823	0.3875
October	0.3865	0.3798	0.3834
November	0.3986	0.3826	0.3920
December	0.4018	0.3902	0.3959