2023 FJD to JOD Historical Review

YEARLY HIGH

0.3296 JOD

YEARLY LOW

0.3075 JOD

YEARLY AVERAGE

0.3182 JOD

2023 FJD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.3296. Conversely, the yearly low was recorded on November 13, dropping to 0.3075.

This high-to-low spread represents a total annual volatility of 0.0221 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3257 to the December average rate of 0.3203, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3296 was down 3.21% compared to the 2022 peak of 0.3405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,648 JOD

2022 Average 1,621 JOD

Yearly Trough Low 1,538 JOD

Transaction Impact: A difference of 110.29 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3272

0.3095

JanuMarcMayJulySeptNove

FJD 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 0.3212, compared to 0.3151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.3212

H2 Avg (Jul–Dec) 0.3151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0114 JOD (High: 0.3189 / Low: 0.3075). On the other end, March was the most stable month, with a tight range of 0.0047 JOD (High: 0.3216 / Low: 0.3169).

November Spread (Volatile) ±0.0114

March Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between October and December, 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 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3257) against the same month in 2022 (average: 0.3329), the exchange rate shifted by -0.0071 (-2.14%).

2023 Avg (January) 0.3257

2022 Avg (January) 0.3329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3296	0.3193	0.3257
February	0.3274	0.3197	0.3234
March	0.3216	0.3169	0.3199
April	0.3230	0.3171	0.3205
May	0.3235	0.3150	0.3189
June	0.3229	0.3134	0.3187
July	0.3255	0.3150	0.3198
August	0.3193	0.3082	0.3138
September	0.3134	0.3087	0.3120
October	0.3140	0.3087	0.3110
November	0.3189	0.3075	0.3140
December	0.3241	0.3167	0.3203