2023 BBD to JOD Historical Review

YEARLY HIGH

0.3550 JOD

YEARLY LOW

0.3539 JOD

YEARLY AVERAGE

0.3546 JOD

2023 BBD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.3550. Conversely, the yearly low was recorded on August 21, dropping to 0.3539.

This high-to-low spread represents a total annual volatility of 0.0011 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3547 to the December average rate of 0.3547, 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 0.3550 was down 0.01% compared to the 2022 peak of 0.3551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,775 JOD

2022 Average 1,773 JOD

Yearly Trough Low 1,770 JOD

Transaction Impact: A difference of 5.75 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3548

0.3539

JanuMarcMayJulySeptNove

BBD 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 0.3547, compared to 0.3545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3547

H2 Avg (Jul–Dec) 0.3545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0009 JOD (High: 0.3549 / Low: 0.3540). On the other end, April was the most stable month, with a tight range of 0.0000 JOD (High: 0.3547 / Low: 0.3547).

September Spread (Volatile) ±0.0009

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, 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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3547) against the same month in 2022 (average: 0.3545), the exchange rate shifted by +0.0002 (+0.07%).

2023 Avg (March) 0.3547

2022 Avg (March) 0.3545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3549	0.3547	0.3547
February	0.3550	0.3547	0.3547
March	0.3550	0.3547	0.3547
April	0.3547	0.3547	0.3547
May	0.3548	0.3547	0.3547
June	0.3548	0.3547	0.3547
July	0.3548	0.3540	0.3546
August	0.3542	0.3539	0.3540
September	0.3549	0.3540	0.3543
October	0.3548	0.3546	0.3547
November	0.3548	0.3547	0.3547
December	0.3548	0.3547	0.3547