2023 JOD to GNF Historical Review

YEARLY HIGH

12406.5981 GNF

YEARLY LOW

11961.1824 GNF

YEARLY AVERAGE

12152.2296 GNF

2023 JOD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 12406.5981. Conversely, the yearly low was recorded on March 19, dropping to 11961.1824.

This high-to-low spread represents a total annual volatility of 445.4156 GNF. From a start-to-finish perspective, comparing the January average rate of 12216.4194 to the December average rate of 12125.2317, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12406.5981 was down 5.80% compared to the 2022 peak of 13169.9577, 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 62,032,990 GNF

2022 Average 62,103,366 GNF

Yearly Trough Low 59,805,912 GNF

Transaction Impact: A difference of 2,227,078.02 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12225.7524

12113.7563

JanuMarcMayJulySeptNove

JOD to GNF 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 12168.9558, compared to 12135.5034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.4524 points.

H1 Avg (Jan–Jun) 12168.9558

H2 Avg (Jul–Dec) 12135.5034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 443.6667 GNF (High: 12404.8492 / Low: 11961.1824). On the other end, May was the most stable month, with a tight range of 96.6832 GNF (High: 12198.7315 / Low: 12102.0483).

March Spread (Volatile) ±443.6667

May Spread (Stable) ±96.6832

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 49.5944 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -49.5944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12216.4194) against the same month in 2022 (average: 12829.0643), the exchange rate shifted by -612.6449 (-4.78%).

2023 Avg (January) 12216.4194

2022 Avg (January) 12829.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12406.5981	12106.3481	12216.4194
February	12404.8492	12018.2598	12185.3506
March	12404.8492	11961.1824	12173.1780
April	12202.1712	11992.7346	12123.5835
May	12198.7315	12102.0483	12156.5985
June	12203.5810	12072.8175	12158.6049
July	12200.2821	12040.9469	12136.3018
August	12228.0305	12123.8471	12162.3882
September	12221.1240	12065.2270	12142.4094
October	12202.1712	12046.1054	12123.0893
November	12195.1220	12047.3360	12123.6004
December	12173.7616	12066.5351	12125.2317