2023 GMD to JOD Historical Review

YEARLY HIGH

0.0120 JOD

YEARLY LOW

0.0105 JOD

YEARLY AVERAGE

0.0114 JOD

2023 GMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0120. Conversely, the yearly low was recorded on December 16, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0014 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0105, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0120 was down 11.25% compared to the 2022 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60 JOD

2022 Average 64 JOD

Yearly Trough Low 53 JOD

Transaction Impact: A difference of 7.21 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0121

0.0104

JanuMarcMayJulySeptNove

GMD 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 0.0116, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0116

H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0008 JOD (High: 0.0117 / Low: 0.0109). On the other end, June was the most stable month, with a tight range of 0.0001 JOD (High: 0.0120 / Low: 0.0119).

September Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0119) against the same month in 2022 (average: 0.0131), the exchange rate shifted by -0.0012 (-9.03%).

2023 Avg (June) 0.0119

2022 Avg (June) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0116	0.0114	0.0114
February	0.0116	0.0115	0.0116
March	0.0116	0.0114	0.0116
April	0.0118	0.0114	0.0115
May	0.0119	0.0118	0.0119
June	0.0120	0.0119	0.0119
July	0.0119	0.0118	0.0119
August	0.0117	0.0116	0.0117
September	0.0117	0.0109	0.0115
October	0.0110	0.0107	0.0108
November	0.0109	0.0105	0.0106
December	0.0106	0.0105	0.0105