YEARLY HIGH
21713.3105 LBP
YEARLY LOW
2124.5410 LBP
YEARLY AVERAGE
19367.1158 LBP

2023 JOD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 21713.3105. Conversely, the yearly low was recorded on January 14, dropping to 2124.5410.

This high-to-low spread represents a total annual volatility of 19588.7695 LBP. From a start-to-finish perspective, comparing the January average rate of 2136.7927 to the December average rate of 21214.6226, the exchange rate registered a net change of 892.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21713.3105 was up 886.32% compared to the 2022 peak of 2201.4435, 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 108,566,553 LBP
2022 Average 10,687,602 LBP
Yearly Trough Low 10,622,705 LBP
Transaction Impact: A difference of 97,943,847.59 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23234.8861
218.7842
JanuMarcMayJulySeptNove

JOD to LBP 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 17518.2163, compared to 21216.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3697.7990 points.

H1 Avg (Jan–Jun) 17518.2163
H2 Avg (Jul–Dec) 21216.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 19586.6744 LBP (High: 21713.3105 / Low: 2126.6361). On the other end, January was the most stable month, with a tight range of 25.8185 LBP (High: 2150.3595 / Low: 2124.5410).

February Spread (Volatile) ±19586.6744
January Spread (Stable) ±25.8185

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 June and July, when the average rate fell by 73.6117 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -73.6117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 17864.6289) against the same month in 2022 (average: 2135.5612), the exchange rate shifted by +15729.0677 (+736.53%).

2023 Avg (February) 17864.6289
2022 Avg (February) 2135.5612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2150.3595 2124.5410 2136.7927
February 21713.3105 2126.6361 17864.6289
March 21497.0398 20847.8017 21247.5786
April 21507.6121 20981.1988 21280.2731
May 21522.1987 21093.0470 21263.1468
June 21518.1844 21120.5354 21316.8776
July 21530.3244 21019.7539 21243.2659
August 21554.1590 21185.5660 21269.9230
September 21441.2534 21133.4822 21242.4970
October 21252.0813 21087.0206 21172.0287
November 21204.0299 21016.0057 21153.7541
December 21300.9011 21177.9944 21214.6226