2023 JOD to UAH Historical Review

YEARLY HIGH

53.9180 UAH

YEARLY LOW

50.5624 UAH

YEARLY AVERAGE

51.8828 UAH

2023 JOD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 53.9180. Conversely, the yearly low was recorded on November 5, dropping to 50.5624.

This high-to-low spread represents a total annual volatility of 3.3556 UAH. From a start-to-finish perspective, comparing the January average rate of 51.8161 to the December average rate of 52.4319, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.9180 was up 2.86% compared to the 2022 peak of 52.4192, 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 269,590 UAH

2022 Average 230,166 UAH

Yearly Trough Low 252,812 UAH

Transaction Impact: A difference of 16,778.03 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.5823

50.7778

JanuMarcMayJulySeptNove

JOD to UAH 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 51.9318, compared to 51.8337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0981 points.

H1 Avg (Jan–Jun) 51.9318

H2 Avg (Jul–Dec) 51.8337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 2.4975 UAH (High: 53.9180 / Low: 51.4205). On the other end, September was the most stable month, with a tight range of 0.3467 UAH (High: 52.2399 / Low: 51.8932).

December Spread (Volatile) ±2.4975

September Spread (Stable) ±0.3467

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6442 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 52.4319) against the same month in 2022 (average: 51.9654), the exchange rate shifted by +0.4665 (+0.90%).

2023 Avg (December) 52.4319

2022 Avg (December) 51.9654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.0582	51.6303	51.8161
February	52.5481	51.4617	51.8783
March	52.1041	51.2970	51.9302
April	52.1093	51.3581	51.9006
May	52.1521	51.7307	52.0083
June	52.2681	51.7316	52.0574
July	52.1507	51.5685	51.9497
August	52.3746	51.8257	52.1424
September	52.2399	51.8932	52.0972
October	52.1574	51.0932	51.4530
November	51.2781	50.5624	50.9281
December	53.9180	51.4205	52.4319