2023 BZD to JOD Historical Review

YEARLY HIGH

0.3572 JOD

YEARLY LOW

0.3487 JOD

YEARLY AVERAGE

0.3520 JOD

2023 BZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3572. Conversely, the yearly low was recorded on February 5, dropping to 0.3487.

This high-to-low spread represents a total annual volatility of 0.0085 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3519 to the December average rate of 0.3516, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3572 was up 0.29% compared to the 2022 peak of 0.3561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,786 JOD

2022 Average 1,759 JOD

Yearly Trough Low 1,743 JOD

Transaction Impact: A difference of 42.46 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3530

0.3511

JanuMarcMayJulySeptNove

BZD 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 0.3522, compared to 0.3519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.3522

H2 Avg (Jul–Dec) 0.3519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0056 JOD (High: 0.3572 / Low: 0.3516). On the other end, January was the most stable month, with a tight range of 0.0015 JOD (High: 0.3531 / Low: 0.3516).

March Spread (Volatile) ±0.0056

January Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3529) against the same month in 2022 (average: 0.3518), the exchange rate shifted by +0.0010 (+0.29%).

2023 Avg (March) 0.3529

2022 Avg (March) 0.3518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3531	0.3516	0.3519
February	0.3542	0.3487	0.3519
March	0.3572	0.3516	0.3529
April	0.3566	0.3515	0.3523
May	0.3530	0.3513	0.3521
June	0.3542	0.3505	0.3520
July	0.3553	0.3513	0.3523
August	0.3536	0.3498	0.3512
September	0.3531	0.3507	0.3516
October	0.3536	0.3513	0.3522
November	0.3548	0.3516	0.3523
December	0.3522	0.3500	0.3516