2023 BND to JOD Historical Review

YEARLY HIGH

0.5431 JOD

YEARLY LOW

0.5158 JOD

YEARLY AVERAGE

0.5283 JOD

2023 BND to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.5431. Conversely, the yearly low was recorded on October 3, dropping to 0.5158.

This high-to-low spread represents a total annual volatility of 0.0273 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5347 to the December average rate of 0.5325, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5431 was up 2.77% compared to the 2022 peak of 0.5285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,715 JOD

2022 Average 2,572 JOD

Yearly Trough Low 2,579 JOD

Transaction Impact: A difference of 136.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5363

0.5167

JanuMarcMayJulySeptNove

BND 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 0.5312, compared to 0.5255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.5312

H2 Avg (Jul–Dec) 0.5255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0171 JOD (High: 0.5431 / Low: 0.5260). On the other end, October was the most stable month, with a tight range of 0.0058 JOD (High: 0.5216 / Low: 0.5158).

February Spread (Volatile) ±0.0171

October Spread (Stable) ±0.0058

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 July and August, when the average rate fell by 0.0072 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5327) against the same month in 2022 (average: 0.5266), the exchange rate shifted by +0.0061 (+1.16%).

2023 Avg (February) 0.5327

2022 Avg (February) 0.5266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5405	0.5257	0.5347
February	0.5431	0.5260	0.5327
March	0.5361	0.5239	0.5296
April	0.5377	0.5305	0.5333
May	0.5357	0.5236	0.5299
June	0.5312	0.5225	0.5272
July	0.5385	0.5225	0.5315
August	0.5309	0.5210	0.5243
September	0.5244	0.5173	0.5202
October	0.5216	0.5158	0.5183
November	0.5327	0.5176	0.5261
December	0.5378	0.5277	0.5325