2023 JOD to CNY Historical Review

YEARLY HIGH

10.3685 CNY

YEARLY LOW

9.4500 CNY

YEARLY AVERAGE

9.9729 CNY

2023 JOD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 10.3685. Conversely, the yearly low was recorded on January 14, dropping to 9.4500.

This high-to-low spread represents a total annual volatility of 0.9185 CNY. From a start-to-finish perspective, comparing the January average rate of 9.5735 to the December average rate of 10.0340, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.3685 was up 0.64% compared to the 2022 peak of 10.3031, 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 51,843 CNY

2022 Average 47,459 CNY

Yearly Trough Low 47,250 CNY

Transaction Impact: A difference of 4,592.59 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.3630

9.5018

JanuMarcMayJulySeptNove

JOD to CNY 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 9.7630, compared to 10.1827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4197 points.

H1 Avg (Jan–Jun) 9.7630

H2 Avg (Jul–Dec) 10.1827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.3469 CNY (High: 10.3142 / Low: 9.9673). On the other end, April was the most stable month, with a tight range of 0.0901 CNY (High: 9.7726 / Low: 9.6825).

November Spread (Volatile) ±0.3469

April Spread (Stable) ±0.0901

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.1237 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 10.2912) against the same month in 2022 (average: 9.8850), the exchange rate shifted by +0.4062 (+4.11%).

2023 Avg (September) 10.2912

2022 Avg (September) 9.8850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7409	9.4500	9.5735
February	9.8058	9.4904	9.6464
March	9.8179	9.6136	9.7149
April	9.7726	9.6825	9.7081
May	10.0265	9.7346	9.8504
June	10.2237	9.9884	10.0849
July	10.2237	10.0272	10.1335
August	10.3110	10.0849	10.2255
September	10.3685	10.2265	10.2912
October	10.3162	10.1067	10.2543
November	10.3142	9.9673	10.1577
December	10.1184	9.9687	10.0340