YEARLY HIGH
10534.5958 PYG
YEARLY LOW
10015.6230 PYG
YEARLY AVERAGE
10275.6217 PYG

2023 JOD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 10534.5958. Conversely, the yearly low was recorded on March 18, dropping to 10015.6230.

This high-to-low spread represents a total annual volatility of 518.9728 PYG. From a start-to-finish perspective, comparing the January average rate of 10397.6074 to the December average rate of 10372.3453, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10534.5958 was up 1.69% compared to the 2022 peak of 10359.7736, 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 52,672,979 PYG
2022 Average 49,221,029 PYG
Yearly Trough Low 50,078,115 PYG
Transaction Impact: A difference of 2,594,863.91 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10523.5049
10052.2576
JanuMarcMayJulySeptNove

JOD to PYG 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 10213.7446, compared to 10337.4988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 123.7542 points.

H1 Avg (Jan–Jun) 10213.7446
H2 Avg (Jul–Dec) 10337.4988

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 282.5126 PYG (High: 10298.1356 / Low: 10015.6230). On the other end, August was the most stable month, with a tight range of 81.5170 PYG (High: 10306.2755 / Low: 10224.7584).

March Spread (Volatile) ±282.5126
August Spread (Stable) ±81.5170

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 160.4142 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -160.4142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10484.2343) against the same month in 2022 (average: 10124.6380), the exchange rate shifted by +359.5964 (+3.55%).

2023 Avg (November) 10484.2343
2022 Avg (November) 10124.6380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10485.9231 10281.2034 10397.6074
February 10397.5507 10212.9707 10291.6222
March 10298.1356 10015.6230 10131.2079
April 10246.5326 10028.8153 10091.5282
May 10206.5025 10080.2637 10150.4987
June 10273.7273 10153.6539 10220.0029
July 10282.8100 10161.4816 10240.5479
August 10306.2755 10224.7584 10271.3718
September 10307.1475 10225.0314 10266.2983
October 10533.6690 10258.3900 10390.1949
November 10534.5958 10425.8543 10484.2343
December 10495.3005 10266.6722 10372.3453