2023 CNY to JOD Historical Review

YEARLY HIGH

0.1058 JOD

YEARLY LOW

0.0964 JOD

YEARLY AVERAGE

0.1003 JOD

2023 CNY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1058. Conversely, the yearly low was recorded on September 9, dropping to 0.0964.

This high-to-low spread represents a total annual volatility of 0.0094 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1045 to the December average rate of 0.0997, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1058 was down 5.83% compared to the 2022 peak of 0.1124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 2,645 JOD

2022 Average 2,639 JOD

Yearly Trough Low 2,411 JOD

Transaction Impact: A difference of 234.36 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1052

0.0964

JanuMarcMayJulySeptNove

CNY 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 0.1025, compared to 0.0982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1025

H2 Avg (Jul–Dec) 0.0982

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0034 JOD (High: 0.1054 / Low: 0.1020). On the other end, April was the most stable month, with a tight range of 0.0010 JOD (High: 0.1033 / Low: 0.1023).

February Spread (Volatile) ±0.0034

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1045) against the same month in 2022 (average: 0.1116), the exchange rate shifted by -0.0071 (-6.36%).

2023 Avg (January) 0.1045

2022 Avg (January) 0.1116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1058	0.1027	0.1045
February	0.1054	0.1020	0.1037
March	0.1040	0.1019	0.1029
April	0.1033	0.1023	0.1030
May	0.1027	0.0997	0.1015
June	0.1001	0.0978	0.0992
July	0.0997	0.0978	0.0987
August	0.0992	0.0970	0.0978
September	0.0978	0.0964	0.0972
October	0.0989	0.0969	0.0975
November	0.1003	0.0970	0.0985
December	0.1003	0.0988	0.0997