YEARLY HIGH
12.4490 SVC
YEARLY LOW
12.1533 SVC
YEARLY AVERAGE
12.3318 SVC

2023 JOD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 12.4490. Conversely, the yearly low was recorded on March 19, dropping to 12.1533.

This high-to-low spread represents a total annual volatility of 0.2957 SVC. From a start-to-finish perspective, comparing the January average rate of 12.3343 to the December average rate of 12.3466, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4490 was down 0.09% compared to the 2022 peak of 12.4602, 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 62,245 SVC
2022 Average 61,703 SVC
Yearly Trough Low 60,766 SVC
Transaction Impact: A difference of 1,478.62 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.3626
12.3096
JanuMarcMayJulySeptNove

JOD to SVC 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 12.3274, compared to 12.3363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 12.3274
H2 Avg (Jul–Dec) 12.3363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1952 SVC (High: 12.4490 / Low: 12.2538). On the other end, January was the most stable month, with a tight range of 0.0544 SVC (High: 12.3497 / Low: 12.2953).

February Spread (Volatile) ±0.1952
January Spread (Stable) ±0.0544

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0204 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.3345) against the same month in 2022 (average: 12.3395), the exchange rate shifted by -0.0051 (-0.04%).

2023 Avg (February) 12.3345
2022 Avg (February) 12.3395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3497 12.2953 12.3343
February 12.4490 12.2538 12.3345
March 12.3453 12.1533 12.3140
April 12.3516 12.1720 12.3216
May 12.3563 12.2956 12.3276
June 12.3825 12.2559 12.3321
July 12.3555 12.2182 12.3231
August 12.4085 12.2774 12.3582
September 12.3762 12.2938 12.3447
October 12.3573 12.2761 12.3247
November 12.3458 12.2348 12.3206
December 12.4005 12.3258 12.3466