2023 JOD to HKD Historical Review

YEARLY HIGH

11.0820 HKD

YEARLY LOW

10.9801 HKD

YEARLY AVERAGE

11.0391 HKD

2023 JOD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 11.0820. Conversely, the yearly low was recorded on November 27, dropping to 10.9801.

This high-to-low spread represents a total annual volatility of 0.1020 HKD. From a start-to-finish perspective, comparing the January average rate of 11.0234 to the December average rate of 11.0081, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0820 was up 0.08% compared to the 2022 peak of 11.0731, 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 55,410 HKD

2022 Average 55,219 HKD

Yearly Trough Low 54,900 HKD

Transaction Impact: A difference of 509.87 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.0712

10.9996

JanuMarcMayJulySeptNove

JOD to HKD 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 11.0498, compared to 11.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 11.0498

H2 Avg (Jul–Dec) 11.0285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0780 HKD (High: 11.0820 / Low: 11.0041). On the other end, April was the most stable month, with a tight range of 0.0058 HKD (High: 11.0672 / Low: 11.0614).

August Spread (Volatile) ±0.0780

April Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and April, 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 0.0247 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 11.0544) against the same month in 2022 (average: 11.0664), the exchange rate shifted by -0.0119 (-0.11%).

2023 Avg (August) 11.0544

2022 Avg (August) 11.0664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0515	10.9954	11.0234
February	11.0656	11.0434	11.0603
March	11.0656	11.0474	11.0626
April	11.0672	11.0614	11.0653
May	11.0655	11.0166	11.0464
June	11.0578	11.0198	11.0406
July	11.0463	11.0011	11.0229
August	11.0820	11.0041	11.0544
September	11.0776	11.0157	11.0494
October	11.0412	11.0156	11.0303
November	11.0328	10.9801	11.0056
December	11.0219	10.9909	11.0081