2023 JOD to SRD Historical Review

YEARLY HIGH

54.5071 SRD

YEARLY LOW

44.4910 SRD

YEARLY AVERAGE

51.5945 SRD

2023 JOD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 54.5071. Conversely, the yearly low was recorded on January 8, dropping to 44.4910.

This high-to-low spread represents a total annual volatility of 10.0161 SRD. From a start-to-finish perspective, comparing the January average rate of 44.8475 to the December average rate of 52.6679, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.5071 was up 20.95% compared to the 2022 peak of 45.0641, 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 272,536 SRD

2022 Average 170,888 SRD

Yearly Trough Low 222,455 SRD

Transaction Impact: A difference of 50,080.42 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.9779

43.9266

JanuMarcMayJulySeptNove

JOD to SRD 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 49.5777, compared to 53.6113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0335 points.

H1 Avg (Jan–Jun) 49.5777

H2 Avg (Jul–Dec) 53.6113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.6305 SRD (High: 50.8846 / Low: 47.2540). On the other end, November was the most stable month, with a tight range of 0.4927 SRD (High: 53.7847 / Low: 53.2920).

March Spread (Volatile) ±3.6305

November Spread (Stable) ±0.4927

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 November and December, when the average rate fell by 0.8818 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.8818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 54.0463) against the same month in 2022 (average: 38.0927), the exchange rate shifted by +15.9537 (+41.88%).

2023 Avg (September) 54.0463

2022 Avg (September) 38.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.6856	44.4910	44.8475
February	47.7656	45.1085	46.2427
March	50.8846	47.2540	48.7551
April	52.7326	50.3996	51.8427
May	53.3902	52.3139	52.6346
June	54.0176	52.6216	53.1436
July	54.5040	52.1568	53.5724
August	54.4430	53.9267	54.0569
September	54.5071	53.7369	54.0463
October	54.0935	53.5725	53.7743
November	53.7847	53.2920	53.5497
December	53.4015	51.7834	52.6679