2023 JOD to KPW Historical Review

YEARLY HIGH

1271.5456 KPW

YEARLY LOW

1267.4271 KPW

YEARLY AVERAGE

1268.9915 KPW

2023 JOD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1271.5456. Conversely, the yearly low was recorded on March 13, dropping to 1267.4271.

This high-to-low spread represents a total annual volatility of 4.1185 KPW. From a start-to-finish perspective, comparing the January average rate of 1268.6375 to the December average rate of 1268.6201, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1271.5456 was up 0.17% compared to the 2022 peak of 1269.3935, 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 6,357,728 KPW

2022 Average 6,346,379 KPW

Yearly Trough Low 6,337,136 KPW

Transaction Impact: A difference of 20,592.56 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1271.4425

1268.2315

JanuMarcMayJulySeptNove

JOD to KPW 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 1268.6047, compared to 1269.3783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7736 points.

H1 Avg (Jan–Jun) 1268.6047

H2 Avg (Jul–Dec) 1269.3783

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.2236 KPW (High: 1271.1864 / Low: 1267.9628). On the other end, April was the most stable month, with a tight range of 0.1789 KPW (High: 1268.8566 / Low: 1268.6778).

September Spread (Volatile) ±3.2236

April Spread (Stable) ±0.1789

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 1.4131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1271.1749) against the same month in 2022 (average: 1269.3935), the exchange rate shifted by +1.7814 (+0.14%).

2023 Avg (August) 1271.1749

2022 Avg (August) 1269.3935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1268.8566	1267.7842	1268.6375
February	1268.6778	1267.6056	1268.5501
March	1268.6778	1267.4271	1268.4990
April	1268.8566	1268.6778	1268.7135
May	1268.8566	1268.4989	1268.5682
June	1268.8566	1268.4989	1268.6599
July	1271.0069	1268.4989	1269.0300
August	1271.5456	1270.6480	1271.1749
September	1271.1864	1267.9628	1270.0275
October	1269.0355	1268.1415	1268.6144
November	1268.8566	1268.1415	1268.8030
December	1268.8566	1268.3202	1268.6201