YEARLY HIGH
0.0088 JOD
YEARLY LOW
0.0085 JOD
YEARLY AVERAGE
0.0086 JOD

2023 BTN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0088. Conversely, the yearly low was recorded on December 28, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0085, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0088 was down 8.46% compared to the 2022 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 JOD
2022 Average 45 JOD
Yearly Trough Low 42 JOD
Transaction Impact: A difference of 1.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0087
0.0085
JanuMarcMayJulySeptNove

BTN 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 0.0086, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0086
H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 JOD (High: 0.0087 / Low: 0.0086). On the other end, October was the most stable month, with a tight range of 0.0000 JOD (High: 0.0086 / Low: 0.0085).

January Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0087) against the same month in 2022 (average: 0.0093), the exchange rate shifted by -0.0006 (-6.89%).

2023 Avg (April) 0.0087
2022 Avg (April) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0086 0.0087
February 0.0087 0.0085 0.0086
March 0.0087 0.0086 0.0086
April 0.0088 0.0086 0.0087
May 0.0087 0.0086 0.0086
June 0.0087 0.0086 0.0086
July 0.0087 0.0086 0.0086
August 0.0086 0.0085 0.0085
September 0.0086 0.0085 0.0085
October 0.0086 0.0085 0.0085
November 0.0086 0.0085 0.0085
December 0.0085 0.0085 0.0085