2023 EUR to JOD Historical Review

YEARLY HIGH

0.7975 JOD

YEARLY LOW

0.7427 JOD

YEARLY AVERAGE

0.7676 JOD

2023 EUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.7975. Conversely, the yearly low was recorded on October 3, dropping to 0.7427.

This high-to-low spread represents a total annual volatility of 0.0548 JOD. From a start-to-finish perspective, comparing the January average rate of 0.7653 to the December average rate of 0.7749, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7975 was down 1.82% compared to the 2022 peak of 0.8123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,988 JOD

2022 Average 3,736 JOD

Yearly Trough Low 3,714 JOD

Transaction Impact: A difference of 273.99 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7877

0.7461

JanuMarcMayJulySeptNove

EUR 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 0.7676, compared to 0.7676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.7676

H2 Avg (Jul–Dec) 0.7676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0368 JOD (High: 0.7954 / Low: 0.7586). On the other end, October was the most stable month, with a tight range of 0.0142 JOD (High: 0.7569 / Low: 0.7427).

May Spread (Volatile) ±0.0368

October Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0157 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7843) against the same month in 2022 (average: 0.7229), the exchange rate shifted by +0.0613 (+8.49%).

2023 Avg (July) 0.7843

2022 Avg (July) 0.7229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7746	0.7462	0.7653
February	0.7812	0.7487	0.7593
March	0.7736	0.7483	0.7602
April	0.7894	0.7665	0.7795
May	0.7954	0.7586	0.7719
June	0.7797	0.7587	0.7693
July	0.7975	0.7701	0.7843
August	0.7807	0.7643	0.7724
September	0.7641	0.7457	0.7567
October	0.7569	0.7427	0.7496
November	0.7810	0.7510	0.7676
December	0.7883	0.7636	0.7749