2023 JOD to TWD Historical Review

YEARLY HIGH

45.7902 TWD

YEARLY LOW

41.8861 TWD

YEARLY AVERAGE

43.9115 TWD

2023 JOD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 45.7902. Conversely, the yearly low was recorded on February 2, dropping to 41.8861.

This high-to-low spread represents a total annual volatility of 3.9041 TWD. From a start-to-finish perspective, comparing the January average rate of 42.8396 to the December average rate of 43.9978, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.7902 was up 0.43% compared to the 2022 peak of 45.5938, 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 228,951 TWD

2022 Average 210,020 TWD

Yearly Trough Low 209,430 TWD

Transaction Impact: A difference of 19,520.59 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.7887

42.3883

JanuMarcMayJulySeptNove

JOD to TWD 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 43.0607, compared to 44.7624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7017 points.

H1 Avg (Jan–Jun) 43.0607

H2 Avg (Jul–Dec) 44.7624

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.5676 TWD (High: 45.6608 / Low: 44.0933). On the other end, May was the most stable month, with a tight range of 0.3567 TWD (High: 43.4522 / Low: 43.0956).

November Spread (Volatile) ±1.5676

May Spread (Stable) ±0.3567

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9663 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.9663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 45.5054) against the same month in 2022 (average: 45.0563), the exchange rate shifted by +0.4490 (+1.00%).

2023 Avg (October) 45.5054

2022 Avg (October) 45.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.3152	42.3541	42.8396
February	43.2492	41.8861	42.6717
March	43.4786	42.7613	43.0618
April	43.3616	42.8537	43.0791
May	43.4522	43.0956	43.2759
June	43.9201	43.1394	43.4362
July	44.3760	43.4858	43.9763
August	45.1863	44.6139	44.9401
September	45.4428	45.0144	45.1905
October	45.7902	45.1550	45.5054
November	45.6608	44.0933	44.9642
December	44.4474	43.2406	43.9978