YEARLY HIGH
0.0034 JOD
YEARLY LOW
0.0033 JOD
YEARLY AVERAGE
0.0034 JOD

2023 GYD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0034. Conversely, the yearly low was recorded on February 5, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0001 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0034, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0034 was down 0.42% compared to the 2022 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 JOD
2022 Average 17 JOD
Yearly Trough Low 17 JOD
Transaction Impact: A difference of 0.44 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0034
0.0034
JanuMarcMayJulySeptNove

GYD 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 0.0034, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0001 JOD (High: 0.0034 / Low: 0.0034). On the other end, May was the most stable month, with a tight range of 0.0000 JOD (High: 0.0034 / Low: 0.0033).

November Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0034) against the same month in 2022 (average: 0.0034), the exchange rate shifted by -0.0000 (-0.02%).

2023 Avg (November) 0.0034
2022 Avg (November) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0034 0.0034
February 0.0034 0.0033 0.0034
March 0.0034 0.0034 0.0034
April 0.0034 0.0033 0.0034
May 0.0034 0.0033 0.0034
June 0.0034 0.0033 0.0034
July 0.0034 0.0034 0.0034
August 0.0034 0.0034 0.0034
September 0.0034 0.0034 0.0034
October 0.0034 0.0034 0.0034
November 0.0034 0.0034 0.0034
December 0.0034 0.0034 0.0034