YEARLY HIGH
810.0332 SOS
YEARLY LOW
789.6173 SOS
YEARLY AVERAGE
802.7480 SOS

2023 JOD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 810.0332. Conversely, the yearly low was recorded on March 18, dropping to 789.6173.

This high-to-low spread represents a total annual volatility of 20.4159 SOS. From a start-to-finish perspective, comparing the January average rate of 801.6371 to the December average rate of 805.9122, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 810.0332 was down 1.99% compared to the 2022 peak of 826.5162, 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 4,050,166 SOS
2022 Average 4,057,599 SOS
Yearly Trough Low 3,948,086 SOS
Transaction Impact: A difference of 102,079.59 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

806.4475
800.0235
JanuMarcMayJulySeptNove

JOD to SOS 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 801.2677, compared to 804.2284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9606 points.

H1 Avg (Jan–Jun) 801.2677
H2 Avg (Jul–Dec) 804.2284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 15.2128 SOS (High: 808.8004 / Low: 793.5876). On the other end, May was the most stable month, with a tight range of 3.7853 SOS (High: 802.7049 / Low: 798.9196).

February Spread (Volatile) ±15.2128
May Spread (Stable) ±3.7853

Growth Streaks & Declines

Trends

Between March and October, 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 February and March, when the average rate fell by 0.9690 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.9690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 805.9122) against the same month in 2022 (average: 802.0175), the exchange rate shifted by +3.8947 (+0.49%).

2023 Avg (December) 805.9122
2022 Avg (December) 802.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 802.9043 798.8467 801.6371
February 808.8004 793.5876 801.5278
March 802.0780 789.6173 800.5589
April 802.5193 795.0224 800.8154
May 802.7049 798.9196 801.4190
June 804.5154 796.2628 801.6482
July 803.5921 796.5400 801.9563
August 807.6652 798.2970 803.9532
September 807.0880 802.6260 804.5203
October 806.4064 801.7501 804.7053
November 806.2772 799.1506 804.3228
December 810.0332 804.6787 805.9122