2023 CAD to JOD Historical Review

YEARLY HIGH

0.5409 JOD

YEARLY LOW

0.5110 JOD

YEARLY AVERAGE

0.5254 JOD

2023 CAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.5409. Conversely, the yearly low was recorded on October 28, dropping to 0.5110.

This high-to-low spread represents a total annual volatility of 0.0299 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5286 to the December average rate of 0.5291, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5409 was down 4.82% compared to the 2022 peak of 0.5683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,705 JOD

2022 Average 2,726 JOD

Yearly Trough Low 2,555 JOD

Transaction Impact: A difference of 149.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5379

0.5155

JanuMarcMayJulySeptNove

CAD 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 0.5261, compared to 0.5247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.5261

H2 Avg (Jul–Dec) 0.5247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0157 JOD (High: 0.5375 / Low: 0.5218). On the other end, September was the most stable month, with a tight range of 0.0101 JOD (High: 0.5275 / Low: 0.5174).

December Spread (Volatile) ±0.0157

September Spread (Stable) ±0.0101

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 July and August, when the average rate fell by 0.0110 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5361) against the same month in 2022 (average: 0.5485), the exchange rate shifted by -0.0124 (-2.27%).

2023 Avg (July) 0.5361

2022 Avg (July) 0.5485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5331	0.5192	0.5286
February	0.5344	0.5199	0.5272
March	0.5246	0.5119	0.5179
April	0.5316	0.5186	0.5248
May	0.5305	0.5194	0.5244
June	0.5397	0.5274	0.5339
July	0.5409	0.5308	0.5361
August	0.5337	0.5202	0.5251
September	0.5275	0.5174	0.5230
October	0.5228	0.5110	0.5174
November	0.5233	0.5128	0.5175
December	0.5375	0.5218	0.5291