2023 JOD to SBD Historical Review

YEARLY HIGH

11.9787 SBD

YEARLY LOW

11.5479 SBD

YEARLY AVERAGE

11.7668 SBD

2023 JOD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 11.9787. Conversely, the yearly low was recorded on March 13, dropping to 11.5479.

This high-to-low spread represents a total annual volatility of 0.4308 SBD. From a start-to-finish perspective, comparing the January average rate of 11.6497 to the December average rate of 11.9215, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.9787 was up 2.64% compared to the 2022 peak of 11.6711, 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 59,893 SBD

2022 Average 57,384 SBD

Yearly Trough Low 57,740 SBD

Transaction Impact: A difference of 2,153.89 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9537

11.5668

JanuMarcMayJulySeptNove

JOD to SBD 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 11.6717, compared to 11.8619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1902 points.

H1 Avg (Jan–Jun) 11.6717

H2 Avg (Jul–Dec) 11.8619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2298 SBD (High: 11.9715 / Low: 11.7417). On the other end, August was the most stable month, with a tight range of 0.0486 SBD (High: 11.8437 / Low: 11.7951).

July Spread (Volatile) ±0.2298

August Spread (Stable) ±0.0486

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0444 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.8872) against the same month in 2022 (average: 11.5187), the exchange rate shifted by +0.3685 (+3.20%).

2023 Avg (October) 11.8872

2022 Avg (October) 11.5187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7007	11.5794	11.6497
February	11.6531	11.5552	11.6053
March	11.6531	11.5479	11.5990
April	11.7494	11.6045	11.6896
May	11.7560	11.6974	11.7365
June	11.7773	11.7266	11.7501
July	11.9715	11.7417	11.7957
August	11.8437	11.7951	11.8201
September	11.9395	11.7914	11.8533
October	11.9787	11.8145	11.8872
November	11.9737	11.8030	11.8938
December	11.9673	11.8676	11.9215