2023 JOD to SYP Historical Review

YEARLY HIGH

3549.7739 SYP

YEARLY LOW

3538.2763 SYP

YEARLY AVERAGE

3542.6436 SYP

2023 JOD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 3549.7739. Conversely, the yearly low was recorded on March 13, dropping to 3538.2763.

This high-to-low spread represents a total annual volatility of 11.4976 SYP. From a start-to-finish perspective, comparing the January average rate of 3541.6553 to the December average rate of 3541.6067, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3549.7739 was up 0.17% compared to the 2022 peak of 3543.7659, 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 17,748,870 SYP

2022 Average 17,716,243 SYP

Yearly Trough Low 17,691,381 SYP

Transaction Impact: A difference of 57,488.24 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3549.4860

3540.5218

JanuMarcMayJulySeptNove

JOD to SYP 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 3541.5638, compared to 3543.7234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1596 points.

H1 Avg (Jan–Jun) 3541.5638

H2 Avg (Jul–Dec) 3543.7234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 8.9994 SYP (High: 3548.7712 / Low: 3539.7718). On the other end, April was the most stable month, with a tight range of 0.4993 SYP (High: 3542.2670 / Low: 3541.7677).

September Spread (Volatile) ±8.9994

April Spread (Stable) ±0.4993

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 3.9450 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.9450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 3548.7390) against the same month in 2022 (average: 3543.7659), the exchange rate shifted by +4.9731 (+0.14%).

2023 Avg (August) 3548.7390

2022 Avg (August) 3543.7659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3542.2670	3539.2731	3541.6553
February	3541.7677	3538.7746	3541.4114
March	3541.7677	3538.2763	3541.2688
April	3542.2670	3541.7677	3541.8676
May	3542.2670	3541.2685	3541.4617
June	3542.2670	3541.2685	3541.7178
July	3548.2700	3541.2685	3542.7510
August	3549.7739	3547.2681	3548.7390
September	3548.7712	3539.7718	3545.5357
October	3542.7665	3540.2705	3541.5907
November	3542.2670	3540.2705	3542.1173
December	3542.2670	3540.7694	3541.6067