2023 JOD to BND Historical Review

YEARLY HIGH

1.9389 BND

YEARLY LOW

1.8413 BND

YEARLY AVERAGE

1.8929 BND

2023 JOD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.9389. Conversely, the yearly low was recorded on February 2, dropping to 1.8413.

This high-to-low spread represents a total annual volatility of 0.0976 BND. From a start-to-finish perspective, comparing the January average rate of 1.8705 to the December average rate of 1.8780, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9389 was down 5.11% compared to the 2022 peak of 2.0433, 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 9,694 BND

2022 Average 9,723 BND

Yearly Trough Low 9,206 BND

Transaction Impact: A difference of 488.00 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9352

1.8646

JanuMarcMayJulySeptNove

JOD to BND 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 1.8826, compared to 1.9033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 1.8826

H2 Avg (Jul–Dec) 1.9033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0599 BND (High: 1.9012 / Low: 1.8413). On the other end, October was the most stable month, with a tight range of 0.0217 BND (High: 1.9389 / Low: 1.9172).

February Spread (Volatile) ±0.0599

October Spread (Stable) ±0.0217

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 October and November, when the average rate fell by 0.0284 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.9293) against the same month in 2022 (average: 2.0114), the exchange rate shifted by -0.0821 (-4.08%).

2023 Avg (October) 1.9293

2022 Avg (October) 2.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9021	1.8500	1.8705
February	1.9012	1.8413	1.8773
March	1.9089	1.8654	1.8884
April	1.8850	1.8599	1.8751
May	1.9099	1.8667	1.8872
June	1.9140	1.8825	1.8970
July	1.9140	1.8571	1.8817
August	1.9194	1.8834	1.9075
September	1.9333	1.9069	1.9225
October	1.9389	1.9172	1.9293
November	1.9319	1.8773	1.9009
December	1.8949	1.8594	1.8780