YEARLY HIGH
0.4153 JOD
YEARLY LOW
0.3475 JOD
YEARLY AVERAGE
0.3822 JOD

2022 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4153. Conversely, the yearly low was recorded on September 27, dropping to 0.3475.

This high-to-low spread represents a total annual volatility of 0.0678 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4104 to the December average rate of 0.3838, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4153 was down 7.09% compared to the 2021 peak of 0.4469, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,076 JOD
2021 Average 2,144 JOD
Yearly Trough Low 1,737 JOD
Transaction Impact: A difference of 339.04 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4168
0.3511
JanuMarcMayJulySeptNove

BGN 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 0.3966, compared to 0.3678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.3966
H2 Avg (Jul–Dec) 0.3678

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0241 JOD (High: 0.3774 / Low: 0.3532). On the other end, February was the most stable month, with a tight range of 0.0088 JOD (High: 0.4148 / Low: 0.4060).

November Spread (Volatile) ±0.0241
February Spread (Stable) ±0.0088

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 June and July, when the average rate fell by 0.0138 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.4104) against the same month in 2021 (average: 0.4412), the exchange rate shifted by -0.0308 (-6.99%).

2022 Avg (January) 0.4104
2021 Avg (January) 0.4412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4153 0.4040 0.4104
February 0.4148 0.4060 0.4114
March 0.4046 0.3936 0.3990
April 0.4005 0.3806 0.3922
May 0.3909 0.3759 0.3833
June 0.3899 0.3774 0.3832
July 0.3775 0.3634 0.3694
August 0.3744 0.3603 0.3668
September 0.3672 0.3475 0.3594
October 0.3656 0.3516 0.3566
November 0.3774 0.3532 0.3707
December 0.3882 0.3789 0.3838