2023 JOD to DJF Historical Review

YEARLY HIGH

253.2891 DJF

YEARLY LOW

247.2992 DJF

YEARLY AVERAGE

250.7458 DJF

2023 JOD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 253.2891. Conversely, the yearly low was recorded on March 18, dropping to 247.2992.

This high-to-low spread represents a total annual volatility of 5.9899 DJF. From a start-to-finish perspective, comparing the January average rate of 250.5535 to the December average rate of 251.0403, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 253.2891 was down 0.07% compared to the 2022 peak of 253.4605, 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 1,266,445 DJF

2022 Average 1,255,279 DJF

Yearly Trough Low 1,236,496 DJF

Transaction Impact: A difference of 29,949.43 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

251.3661

250.3032

JanuMarcMayJulySeptNove

JOD to DJF 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 250.6292, compared to 250.8624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2332 points.

H1 Avg (Jan–Jun) 250.6292

H2 Avg (Jul–Dec) 250.8624

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.7559 DJF (High: 253.2891 / Low: 248.5332). On the other end, January was the most stable month, with a tight range of 1.1977 DJF (High: 251.1094 / Low: 249.9117).

February Spread (Volatile) ±4.7559

January Spread (Stable) ±1.1977

Growth Streaks & Declines

Trends

Between March and June, 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 0.4989 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 250.8696) against the same month in 2022 (average: 250.9342), the exchange rate shifted by -0.0646 (-0.03%).

2023 Avg (February) 250.8696

2022 Avg (February) 250.9342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	251.1094	249.9117	250.5535
February	253.2891	248.5332	250.8696
March	251.1452	247.2992	250.3918
April	251.1593	247.6832	250.4015
May	251.4552	250.2035	250.6857
June	251.9746	249.3962	250.8732
July	251.1406	248.9174	250.5160
August	252.7892	249.5817	251.2775
September	252.3971	250.1702	251.2044
October	251.6566	249.8028	250.7055
November	251.6211	248.9646	250.4309
December	252.3388	250.2114	251.0403