2023 JOD to JPY Historical Review

YEARLY HIGH

213.8021 JPY

YEARLY LOW

180.3116 JPY

YEARLY AVERAGE

198.0952 JPY

2023 JOD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 213.8021. Conversely, the yearly low was recorded on January 14, dropping to 180.3116.

This high-to-low spread represents a total annual volatility of 33.4905 JPY. From a start-to-finish perspective, comparing the January average rate of 183.4974 to the December average rate of 202.5151, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 213.8021 was up 0.94% compared to the 2022 peak of 211.8110, 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 1,069,010 JPY

2022 Average 926,879 JPY

Yearly Trough Low 901,558 JPY

Transaction Impact: A difference of 167,452.54 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

213.9625

180.7278

JanuMarcMayJulySeptNove

JOD to JPY 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 190.0794, compared to 206.1111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0318 points.

H1 Avg (Jan–Jun) 190.0794

H2 Avg (Jul–Dec) 206.1111

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 11.1054 JPY (High: 192.3950 / Low: 181.2896). On the other end, September was the most stable month, with a tight range of 4.1421 JPY (High: 210.6158 / Low: 206.4738).

February Spread (Volatile) ±11.1054

September Spread (Stable) ±4.1421

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 8.6778 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.6778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 211.1930) against the same month in 2022 (average: 200.0198), the exchange rate shifted by +11.1731 (+5.59%).

2023 Avg (November) 211.1930

2022 Avg (November) 200.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	187.9631	180.3116	183.4974
February	192.3950	181.2896	187.7458
March	193.6694	184.3107	188.2921
April	192.2843	184.5750	188.2783
May	198.5706	189.0266	193.4398
June	204.0822	195.6081	199.2227
July	203.8087	194.6511	199.0489
August	206.9887	200.1906	204.5200
September	210.6158	206.4738	208.5795
October	213.3413	209.1582	210.8104
November	213.8021	207.2200	211.1930
December	207.6506	198.7388	202.5151