YEARLY HIGH
0.9723 JOD
YEARLY LOW
0.7605 JOD
YEARLY AVERAGE
0.8775 JOD

2022 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.9723. Conversely, the yearly low was recorded on September 27, dropping to 0.7605.

This high-to-low spread represents a total annual volatility of 0.2118 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9611 to the December average rate of 0.8635, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9723 was down 3.60% compared to the 2021 peak of 1.0086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,861 JOD
2021 Average 4,877 JOD
Yearly Trough Low 3,802 JOD
Transaction Impact: A difference of 1,059.08 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9771
0.7850
JanuMarcMayJulySeptNove

FKP 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 0.9213, compared to 0.8336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0877 points.

H1 Avg (Jan–Jun) 0.9213
H2 Avg (Jul–Dec) 0.8336

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0683 JOD (High: 0.8288 / Low: 0.7605). On the other end, February was the most stable month, with a tight range of 0.0173 JOD (High: 0.9653 / Low: 0.9481).

September Spread (Volatile) ±0.0683
February Spread (Stable) ±0.0173

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 August and September, when the average rate fell by 0.0448 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9611) against the same month in 2021 (average: 0.9672), the exchange rate shifted by -0.0061 (-0.63%).

2022 Avg (January) 0.9611
2021 Avg (January) 0.9672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9723 0.9492 0.9611
February 0.9653 0.9481 0.9595
March 0.9498 0.9224 0.9334
April 0.9301 0.8838 0.9176
May 0.8966 0.8653 0.8828
June 0.8925 0.8516 0.8735
July 0.8632 0.8395 0.8516
August 0.8690 0.8222 0.8482
September 0.8288 0.7605 0.8034
October 0.8252 0.7774 0.8010
November 0.8588 0.7920 0.8341
December 0.8809 0.8530 0.8635