YEARLY HIGH
59873.0606 IRR
YEARLY LOW
58296.9124 IRR
YEARLY AVERAGE
59611.6141 IRR

2022 JOD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 59873.0606. Conversely, the yearly low was recorded on December 14, dropping to 58296.9124.

This high-to-low spread represents a total annual volatility of 1576.1482 IRR. From a start-to-finish perspective, comparing the January average rate of 59604.0894 to the December average rate of 58816.0452, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 59873.0606 was up 0.41% compared to the 2021 peak of 59626.2341, 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 299,365,303 IRR
2021 Average 297,307,319 IRR
Yearly Trough Low 291,484,562 IRR
Transaction Impact: A difference of 7,880,741.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

59851.9776
58721.8695
JanuMarcMayJulySeptNove

JOD to IRR 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 59650.5027, compared to 59572.7254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 77.7772 points.

H1 Avg (Jan–Jun) 59650.5027
H2 Avg (Jul–Dec) 59572.7254

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 1515.5787 IRR (High: 59812.4912 / Low: 58296.9124). On the other end, January was the most stable month, with a tight range of 43.6647 IRR (High: 59626.2341 / Low: 59582.5695).

December Spread (Volatile) ±1515.5787
January Spread (Stable) ±43.6647

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 941.7567 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -941.7567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 59695.0527) against the same month in 2021 (average: 59393.3660), the exchange rate shifted by +301.6867 (+0.51%).

2022 Avg (June) 59695.0527
2021 Avg (June) 59393.3660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59626.2341 59582.5695 59604.0894
February 59682.6516 59488.7165 59600.9742
March 59732.0169 59386.4598 59632.7223
April 59732.0169 59565.7691 59685.6091
May 59802.5388 59565.7691 59684.5685
June 59873.0606 59560.6871 59695.0527
July 59802.5388 59661.4951 59725.1923
August 59732.0169 59661.4951 59704.7181
September 59802.5388 59590.9732 59706.5458
October 59873.0606 59523.8095 59726.0493
November 59873.0606 59661.4951 59757.8019
December 59812.4912 58296.9124 58816.0452