2023 ETB to JOD Historical Review

YEARLY HIGH

0.0134 JOD

YEARLY LOW

0.0126 JOD

YEARLY AVERAGE

0.0130 JOD

2023 ETB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0134. Conversely, the yearly low was recorded on December 17, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0008 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0126, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0134 was down 7.33% compared to the 2022 peak of 0.0144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 JOD

2022 Average 68 JOD

Yearly Trough Low 63 JOD

Transaction Impact: A difference of 3.99 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0133

0.0126

JanuMarcMayJulySeptNove

ETB 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 0.0131, compared to 0.0128 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) 0.0131

H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 JOD (High: 0.0129 / Low: 0.0126). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0129 / Low: 0.0128).

November Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0132) against the same month in 2022 (average: 0.0139), the exchange rate shifted by -0.0007 (-4.77%).

2023 Avg (March) 0.0132

2022 Avg (March) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0133	0.0132	0.0132
February	0.0133	0.0131	0.0132
March	0.0134	0.0132	0.0132
April	0.0132	0.0130	0.0131
May	0.0131	0.0130	0.0130
June	0.0131	0.0129	0.0130
July	0.0130	0.0129	0.0129
August	0.0129	0.0128	0.0129
September	0.0129	0.0128	0.0128
October	0.0128	0.0127	0.0128
November	0.0129	0.0126	0.0127
December	0.0127	0.0126	0.0126