2023 JOD to SCR Historical Review

YEARLY HIGH

19.9827 SCR

YEARLY LOW

17.9489 SCR

YEARLY AVERAGE

18.9520 SCR

2023 JOD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 19.9827. Conversely, the yearly low was recorded on September 20, dropping to 17.9489.

This high-to-low spread represents a total annual volatility of 2.0338 SCR. From a start-to-finish perspective, comparing the January average rate of 19.0929 to the December average rate of 18.9371, the exchange rate registered a net change of -0.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.9827 was down 5.57% compared to the 2022 peak of 21.1617, 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 99,913 SCR

2022 Average 95,622 SCR

Yearly Trough Low 89,745 SCR

Transaction Impact: A difference of 10,168.86 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.3991

18.4667

JanuMarcMayJulySeptNove

JOD to SCR 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 19.0979, compared to 18.8061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2918 points.

H1 Avg (Jan–Jun) 19.0979

H2 Avg (Jul–Dec) 18.8061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.7573 SCR (High: 19.9453 / Low: 18.1880). On the other end, August was the most stable month, with a tight range of 0.7368 SCR (High: 19.3041 / Low: 18.5673).

January Spread (Volatile) ±1.7573

August Spread (Stable) ±0.7368

Growth Streaks & Declines

Trends

Between September and December, 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 0.4748 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 18.8466) against the same month in 2022 (average: 18.7033), the exchange rate shifted by +0.1433 (+0.77%).

2023 Avg (July) 18.8466

2022 Avg (July) 18.7033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.9453	18.1880	19.0929
February	19.9687	18.3521	19.1112
March	19.8429	18.3377	18.9767
April	19.7959	18.2051	19.0526
May	19.8302	18.5037	19.0324
June	19.9600	18.4993	19.3214
July	19.9827	18.3570	18.8466
August	19.3041	18.5673	18.8881
September	19.2289	17.9489	18.5444
October	19.4754	17.9661	18.7871
November	19.3405	18.3834	18.8331
December	19.7055	18.1978	18.9371