YEARLY HIGH
2.2412 AUD
YEARLY LOW
1.9713 AUD
YEARLY AVERAGE
2.1231 AUD

2023 JOD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 2.2412. Conversely, the yearly low was recorded on January 27, dropping to 1.9713.

This high-to-low spread represents a total annual volatility of 0.2699 AUD. From a start-to-finish perspective, comparing the January average rate of 2.0259 to the December average rate of 2.1031, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2412 was down 1.50% compared to the 2022 peak of 2.2754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,206 AUD
2022 Average 10,170 AUD
Yearly Trough Low 9,856 AUD
Transaction Impact: A difference of 1,349.49 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2404
2.0064
JanuMarcMayJulySeptNove

JOD to AUD 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 2.0853, compared to 2.1610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0757 points.

H1 Avg (Jan–Jun) 2.0853
H2 Avg (Jul–Dec) 2.1610

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1239 AUD (High: 2.0961 / Low: 1.9722). On the other end, September was the most stable month, with a tight range of 0.0364 AUD (High: 2.2192 / Low: 2.1828).

February Spread (Volatile) ±0.1239
September Spread (Stable) ±0.0364

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0659 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.2209) against the same month in 2022 (average: 2.2175), the exchange rate shifted by +0.0034 (+0.15%).

2023 Avg (October) 2.2209
2022 Avg (October) 2.2175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0945 1.9713 2.0259
February 2.0961 1.9722 2.0470
March 2.1433 2.0827 2.1098
April 2.1332 2.0772 2.1085
May 2.1689 2.0788 2.1227
June 2.1435 2.0490 2.0980
July 2.1266 2.0467 2.0956
August 2.2155 2.1335 2.1800
September 2.2192 2.1828 2.1973
October 2.2412 2.1892 2.2209
November 2.2164 2.1170 2.1690
December 2.1518 2.0564 2.1031