2023 HKD to JOD Historical Review

YEARLY HIGH

0.0911 JOD

YEARLY LOW

0.0902 JOD

YEARLY AVERAGE

0.0906 JOD

2023 HKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0911. Conversely, the yearly low was recorded on August 28, dropping to 0.0902.

This high-to-low spread represents a total annual volatility of 0.0008 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0907 to the December average rate of 0.0908, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0911 was down 0.24% compared to the 2022 peak of 0.0913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 2,277 JOD

2022 Average 2,264 JOD

Yearly Trough Low 2,256 JOD

Transaction Impact: A difference of 20.95 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0909

0.0903

JanuMarcMayJulySeptNove

HKD 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 0.0905, compared to 0.0907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0905

H2 Avg (Jul–Dec) 0.0907

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0006 JOD (High: 0.0909 / Low: 0.0902). On the other end, April was the most stable month, with a tight range of 0.0000 JOD (High: 0.0904 / Low: 0.0904).

August Spread (Volatile) ±0.0006

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0909) against the same month in 2022 (average: 0.0906), the exchange rate shifted by +0.0003 (+0.34%).

2023 Avg (November) 0.0909

2022 Avg (November) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0909	0.0905	0.0907
February	0.0906	0.0904	0.0904
March	0.0905	0.0904	0.0904
April	0.0904	0.0904	0.0904
May	0.0908	0.0904	0.0905
June	0.0907	0.0904	0.0906
July	0.0909	0.0905	0.0907
August	0.0909	0.0902	0.0905
September	0.0908	0.0903	0.0905
October	0.0908	0.0906	0.0907
November	0.0911	0.0906	0.0909
December	0.0910	0.0907	0.0908