2023 BMD to JOD Historical Review

YEARLY HIGH

0.7101 JOD

YEARLY LOW

0.7078 JOD

YEARLY AVERAGE

0.7092 JOD

2023 BMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.7101. Conversely, the yearly low was recorded on August 21, dropping to 0.7078.

This high-to-low spread represents a total annual volatility of 0.0023 JOD. From a start-to-finish perspective, comparing the January average rate of 0.7094 to the December average rate of 0.7094, 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 0.7101 was down 0.01% compared to the 2022 peak of 0.7102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,550 JOD

2022 Average 3,545 JOD

Yearly Trough Low 3,539 JOD

Transaction Impact: A difference of 11.50 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7096

0.7079

JanuMarcMayJulySeptNove

BMD 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 0.7094, compared to 0.7090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.7094

H2 Avg (Jul–Dec) 0.7090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0018 JOD (High: 0.7098 / Low: 0.7080). On the other end, April was the most stable month, with a tight range of 0.0001 JOD (High: 0.7094 / Low: 0.7093).

September Spread (Volatile) ±0.0018

April Spread (Stable) ±0.0001

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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7095) against the same month in 2022 (average: 0.7090), the exchange rate shifted by +0.0005 (+0.07%).

2023 Avg (March) 0.7095

2022 Avg (March) 0.7090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7099	0.7093	0.7094
February	0.7100	0.7094	0.7095
March	0.7101	0.7094	0.7095
April	0.7094	0.7093	0.7094
May	0.7095	0.7093	0.7095
June	0.7095	0.7093	0.7094
July	0.7095	0.7081	0.7092
August	0.7083	0.7078	0.7080
September	0.7098	0.7080	0.7086
October	0.7097	0.7092	0.7094
November	0.7097	0.7093	0.7093
December	0.7096	0.7093	0.7094