2023 JOD to BTN Historical Review

YEARLY HIGH

117.8370 BTN

YEARLY LOW

113.7959 BTN

YEARLY AVERAGE

116.3924 BTN

2023 JOD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 117.8370. Conversely, the yearly low was recorded on April 30, dropping to 113.7959.

This high-to-low spread represents a total annual volatility of 4.0411 BTN. From a start-to-finish perspective, comparing the January average rate of 115.3387 to the December average rate of 117.4489, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 117.8370 was up 0.60% compared to the 2022 peak of 117.1382, 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 589,185 BTN

2022 Average 554,127 BTN

Yearly Trough Low 568,980 BTN

Transaction Impact: A difference of 20,205.52 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

117.6599

115.1277

JanuMarcMayJulySeptNove

JOD to BTN 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 115.8177, compared to 116.9671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1495 points.

H1 Avg (Jan–Jun) 115.8177

H2 Avg (Jul–Dec) 116.9671

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.5337 BTN (High: 116.8243 / Low: 114.2906). On the other end, October was the most stable month, with a tight range of 0.6720 BTN (High: 117.4362 / Low: 116.7641).

January Spread (Volatile) ±2.5337

October Spread (Stable) ±0.6720

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5460 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 117.4489) against the same month in 2022 (average: 116.2585), the exchange rate shifted by +1.1904 (+1.02%).

2023 Avg (December) 117.4489

2022 Avg (December) 116.2585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.8243	114.2906	115.3387
February	116.9871	115.3468	116.4156
March	116.7522	114.7068	115.8697
April	116.1216	113.7959	115.4444
May	116.7457	115.0858	115.9832
June	116.5520	114.8262	115.8544
July	116.7171	114.8509	115.7644
August	117.8152	116.0574	116.9611
September	117.5048	116.4897	117.1351
October	117.4362	116.7641	117.2066
November	117.5741	116.3736	117.2868
December	117.8370	117.0706	117.4489