2023 JOD to LRD Historical Review

YEARLY HIGH

265.6074 LRD

YEARLY LOW

216.5858 LRD

YEARLY AVERAGE

246.2075 LRD

2023 JOD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 265.6074. Conversely, the yearly low was recorded on February 19, dropping to 216.5858.

This high-to-low spread represents a total annual volatility of 49.0216 LRD. From a start-to-finish perspective, comparing the January average rate of 219.0174 to the December average rate of 265.3246, the exchange rate registered a net change of 21.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 265.6074 was up 21.92% compared to the 2022 peak of 217.8556, 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 1,328,037 LRD

2022 Average 1,077,932 LRD

Yearly Trough Low 1,082,929 LRD

Transaction Impact: A difference of 245,108.20 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

269.9553

214.3867

JanuMarcMayJulySeptNove

JOD to LRD 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 229.3029, compared to 263.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.8093 points.

H1 Avg (Jan–Jun) 229.3029

H2 Avg (Jul–Dec) 263.1122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 15.4015 LRD (High: 253.8408 / Low: 238.4393). On the other end, September was the most stable month, with a tight range of 0.6041 LRD (High: 263.2732 / Low: 262.6691).

June Spread (Volatile) ±15.4015

September Spread (Stable) ±0.6041

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1854 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 265.3246) against the same month in 2022 (average: 217.3938), the exchange rate shifted by +47.9308 (+22.05%).

2023 Avg (December) 265.3246

2022 Avg (December) 217.3938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.9925	216.7078	219.0174
February	224.1331	216.5858	220.5356
March	228.7849	216.7689	224.7846
April	232.9433	228.7144	229.9461
May	238.4393	233.1196	235.3683
June	253.8408	238.4393	246.1654
July	263.0539	253.8408	259.0480
August	263.7228	262.6348	263.1473
September	263.2732	262.6691	262.9619
October	264.3451	262.8946	263.4251
November	265.2262	264.3078	264.7663
December	265.6074	264.3783	265.3246