2023 JOD to KMF Historical Review

YEARLY HIGH

663.7300 KMF

YEARLY LOW

616.8539 KMF

YEARLY AVERAGE

642.3003 KMF

2023 JOD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 663.7300. Conversely, the yearly low was recorded on July 17, dropping to 616.8539.

This high-to-low spread represents a total annual volatility of 46.8761 KMF. From a start-to-finish perspective, comparing the January average rate of 644.2544 to the December average rate of 635.9221, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 663.7300 was down 8.31% compared to the 2022 peak of 723.8716, 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 3,318,650 KMF

2022 Average 3,296,143 KMF

Yearly Trough Low 3,084,270 KMF

Transaction Impact: A difference of 234,380.41 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

660.0991

625.3441

JanuMarcMayJulySeptNove

JOD to KMF 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 642.4784, compared to 642.1222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3563 points.

H1 Avg (Jan–Jun) 642.4784

H2 Avg (Jul–Dec) 642.1222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 27.7069 KMF (High: 658.7479 / Low: 631.0410). On the other end, October was the most stable month, with a tight range of 10.4257 KMF (High: 663.7300 / Low: 653.3043).

November Spread (Volatile) ±27.7069

October Spread (Stable) ±10.4257

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 16.4220 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -16.4220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 657.2028) against the same month in 2022 (average: 705.5183), the exchange rate shifted by -48.3154 (-6.85%).

2023 Avg (October) 657.2028

2022 Avg (October) 705.5183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	659.8761	636.1556	644.2544
February	658.1623	636.1007	648.5710
March	659.0856	636.9113	649.2397
April	640.2594	627.9949	632.8177
May	650.4298	628.2069	638.8478
June	650.4298	633.4387	641.1400
July	639.2017	616.8539	628.2403
August	643.3827	632.6080	637.6303
September	661.2423	642.5645	650.4223
October	663.7300	653.3043	657.2028
November	658.7479	631.0410	643.3151
December	645.3134	625.0703	635.9221