YEARLY HIGH
849.8163 SDG
YEARLY LOW
769.7730 SDG
YEARLY AVERAGE
840.7732 SDG

2023 JOD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 849.8163. Conversely, the yearly low was recorded on November 20, dropping to 769.7730.

This high-to-low spread represents a total annual volatility of 80.0433 SDG. From a start-to-finish perspective, comparing the January average rate of 813.1256 to the December average rate of 847.1563, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 849.8163 was up 4.06% compared to the 2022 peak of 816.6432, 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 4,249,082 SDG
2022 Average 3,519,124 SDG
Yearly Trough Low 3,848,865 SDG
Transaction Impact: A difference of 400,216.58 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

852.9622
809.5041
JanuMarcMayJulySeptNove

JOD to SDG 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 834.3072, compared to 847.2392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.9321 points.

H1 Avg (Jan–Jun) 834.3072
H2 Avg (Jul–Dec) 847.2392

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 77.5412 SDG (High: 847.3143 / Low: 769.7730). On the other end, December was the most stable month, with a tight range of 0.3582 SDG (High: 847.3143 / Low: 846.9560).

November Spread (Volatile) ±77.5412
December Spread (Stable) ±0.3582

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 October and November, when the average rate fell by 3.1440 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -3.1440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 849.3407) against the same month in 2022 (average: 785.2496), the exchange rate shifted by +64.0911 (+8.16%).

2023 Avg (August) 849.3407
2022 Avg (August) 785.2496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 821.2322 801.6134 813.1256
February 830.9839 822.5261 825.3882
March 839.4418 801.8393 831.1672
April 846.4900 807.0200 842.8253
May 847.3143 843.5518 845.8485
June 848.0192 846.4900 847.4883
July 849.4563 846.4900 847.5325
August 849.8163 848.8701 849.3407
September 849.5763 846.7174 848.4724
October 848.1387 845.4276 847.0388
November 847.3143 769.7730 843.8948
December 847.3143 846.9560 847.1563