YEARLY HIGH
2.5466 AWG
YEARLY LOW
2.4922 AWG
YEARLY AVERAGE
2.5391 AWG

2023 JOD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.5466. Conversely, the yearly low was recorded on November 21, dropping to 2.4922.

This high-to-low spread represents a total annual volatility of 0.0544 AWG. From a start-to-finish perspective, comparing the January average rate of 2.5389 to the December average rate of 2.5388, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5466 was up 0.00% compared to the 2022 peak of 2.5465, 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 12,733 AWG
2022 Average 12,693 AWG
Yearly Trough Low 12,461 AWG
Transaction Impact: A difference of 271.88 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5451
2.5322
JanuMarcMayJulySeptNove

JOD to AWG 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 2.5388, compared to 2.5394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 2.5388
H2 Avg (Jul–Dec) 2.5394

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0490 AWG (High: 2.5412 / Low: 2.4922). On the other end, April was the most stable month, with a tight range of 0.0039 AWG (High: 2.5412 / Low: 2.5374).

November Spread (Volatile) ±0.0490
April Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.5441) against the same month in 2022 (average: 2.5405), the exchange rate shifted by +0.0036 (+0.14%).

2023 Avg (August) 2.5441
2022 Avg (August) 2.5405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5412 2.5356 2.5389
February 2.5409 2.5352 2.5384
March 2.5437 2.5349 2.5382
April 2.5412 2.5374 2.5393
May 2.5412 2.5370 2.5389
June 2.5412 2.5370 2.5392
July 2.5437 2.5374 2.5406
August 2.5466 2.5413 2.5441
September 2.5459 2.5345 2.5409
October 2.5412 2.5366 2.5386
November 2.5412 2.4922 2.5333
December 2.5412 2.5366 2.5388