2023 JOD to SLL Historical Review

YEARLY HIGH

29626.3069 SLL

YEARLY LOW

24876.7779 SLL

YEARLY AVERAGE

26899.7013 SLL

2023 JOD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 29626.3069. Conversely, the yearly low was recorded on March 13, dropping to 24876.7779.

This high-to-low spread represents a total annual volatility of 4749.5289 SLL. From a start-to-finish perspective, comparing the January average rate of 24900.5346 to the December average rate of 29558.1433, the exchange rate registered a net change of 18.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29626.3069 was up 18.91% compared to the 2022 peak of 24915.3738, 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 148,131,534 SLL

2022 Average 96,797,647 SLL

Yearly Trough Low 124,383,890 SLL

Transaction Impact: A difference of 23,747,644.74 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30089.6545

24425.8322

JanuMarcMayJulySeptNove

JOD to SLL 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 24899.8912, compared to 28899.5113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3999.6201 points.

H1 Avg (Jan–Jun) 24899.8912

H2 Avg (Jul–Dec) 28899.5113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4715.9398 SLL (High: 29613.7551 / Low: 24897.8154). On the other end, April was the most stable month, with a tight range of 3.5107 SLL (High: 24904.8358 / Low: 24901.3251).

July Spread (Volatile) ±4715.9398

April Spread (Stable) ±3.5107

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 32.9249 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.9249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 29617.6693) against the same month in 2022 (average: 19391.9605), the exchange rate shifted by +10225.7088 (+52.73%).

2023 Avg (August) 29617.6693

2022 Avg (August) 19391.9605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24904.8358	24883.7864	24900.5346
February	24901.3251	24880.2817	24898.8198
March	24901.3251	24876.7779	24897.8174
April	24904.8358	24901.3251	24902.0272
May	24904.8358	24897.8154	24899.1740
June	24904.8358	24897.8154	24900.9743
July	29613.7551	24897.8154	25509.9064
August	29626.3069	29605.3932	29617.6693
September	29617.9379	29542.8290	29590.9347
October	29567.8229	29546.9917	29558.0098
November	29563.6543	29546.9917	29562.4043
December	29563.6543	29551.1556	29558.1433