2023 ILS to JOD Historical Review

YEARLY HIGH

0.2109 JOD

YEARLY LOW

0.1739 JOD

YEARLY AVERAGE

0.1927 JOD

2023 ILS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.2109. Conversely, the yearly low was recorded on October 26, dropping to 0.1739.

This high-to-low spread represents a total annual volatility of 0.0370 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2060 to the December average rate of 0.1936, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2109 was down 8.20% compared to the 2022 peak of 0.2298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,055 JOD

2022 Average 1,057 JOD

Yearly Trough Low 870 JOD

Transaction Impact: A difference of 184.95 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2088

0.1756

JanuMarcMayJulySeptNove

ILS 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 0.1977, compared to 0.1878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.1977

H2 Avg (Jul–Dec) 0.1878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0159 JOD (High: 0.1927 / Low: 0.1767). On the other end, September was the most stable month, with a tight range of 0.0024 JOD (High: 0.1865 / Low: 0.1842).

November Spread (Volatile) ±0.0159

September Spread (Stable) ±0.0024

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 September and October, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2060) against the same month in 2022 (average: 0.2261), the exchange rate shifted by -0.0201 (-8.88%).

2023 Avg (January) 0.2060

2022 Avg (January) 0.2261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2109	0.1997	0.2060
February	0.2092	0.1934	0.2003
March	0.2002	0.1933	0.1963
April	0.1984	0.1931	0.1952
May	0.1959	0.1899	0.1933
June	0.1996	0.1891	0.1949
July	0.1976	0.1908	0.1935
August	0.1948	0.1861	0.1891
September	0.1865	0.1842	0.1857
October	0.1863	0.1739	0.1784
November	0.1927	0.1767	0.1866
December	0.1971	0.1905	0.1936