2023 JOD to BBD Historical Review

YEARLY HIGH

2.8257 BBD

YEARLY LOW

2.8165 BBD

YEARLY AVERAGE

2.8200 BBD

2023 JOD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.8257. Conversely, the yearly low was recorded on March 13, dropping to 2.8165.

This high-to-low spread represents a total annual volatility of 0.0092 BBD. From a start-to-finish perspective, comparing the January average rate of 2.8192 to the December average rate of 2.8192, 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 2.8257 was up 0.17% compared to the 2022 peak of 2.8209, 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 14,128 BBD

2022 Average 14,103 BBD

Yearly Trough Low 14,083 BBD

Transaction Impact: A difference of 45.76 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8254

2.8183

JanuMarcMayJulySeptNove

JOD to BBD 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 2.8191, compared to 2.8208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.8191

H2 Avg (Jul–Dec) 2.8208

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0072 BBD (High: 2.8249 / Low: 2.8177). On the other end, April was the most stable month, with a tight range of 0.0004 BBD (High: 2.8197 / Low: 2.8193).

September Spread (Volatile) ±0.0072

April Spread (Stable) ±0.0004

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 September and October, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.8248) against the same month in 2022 (average: 2.8209), the exchange rate shifted by +0.0040 (+0.14%).

2023 Avg (August) 2.8248

2022 Avg (August) 2.8209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8197	2.8173	2.8192
February	2.8193	2.8169	2.8190
March	2.8193	2.8165	2.8189
April	2.8197	2.8193	2.8194
May	2.8197	2.8189	2.8190
June	2.8197	2.8189	2.8192
July	2.8245	2.8189	2.8201
August	2.8257	2.8237	2.8248
September	2.8249	2.8177	2.8223
October	2.8201	2.8181	2.8191
November	2.8197	2.8181	2.8196
December	2.8197	2.8185	2.8192