2023 JOD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |