2023 BWP to JOD Historical Review

YEARLY HIGH

0.0562 JOD

YEARLY LOW

0.0512 JOD

YEARLY AVERAGE

0.0531 JOD

2023 BWP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0562. Conversely, the yearly low was recorded on October 9, dropping to 0.0512.

This high-to-low spread represents a total annual volatility of 0.0049 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0555 to the December average rate of 0.0525, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0562 was down 9.57% compared to the 2022 peak of 0.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281 JOD

2022 Average 287 JOD

Yearly Trough Low 256 JOD

Transaction Impact: A difference of 24.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0559

0.0513

JanuMarcMayJulySeptNove

BWP 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 0.0538, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0538

H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 JOD (High: 0.0559 / Low: 0.0533). On the other end, October was the most stable month, with a tight range of 0.0008 JOD (High: 0.0520 / Low: 0.0512).

February Spread (Volatile) ±0.0027

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0555) against the same month in 2022 (average: 0.0611), the exchange rate shifted by -0.0055 (-9.07%).

2023 Avg (January) 0.0555

2022 Avg (January) 0.0611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0562	0.0550	0.0555
February	0.0559	0.0533	0.0542
March	0.0545	0.0529	0.0537
April	0.0545	0.0536	0.0541
May	0.0539	0.0514	0.0527
June	0.0536	0.0514	0.0528
July	0.0546	0.0523	0.0536
August	0.0536	0.0519	0.0525
September	0.0524	0.0515	0.0519
October	0.0520	0.0512	0.0517
November	0.0531	0.0520	0.0525
December	0.0530	0.0517	0.0525