2023 JOD to VUV Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JOD to VUV Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JOD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 167.8124. Conversely, the yearly low was recorded on March 13, dropping to 166.2357.
This high-to-low spread represents a total annual volatility of 1.5767 VUV. From a start-to-finish perspective, comparing the January average rate of 166.3945 to the December average rate of 167.3479, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 167.8124 was down 4.94% compared to the 2022 peak of 176.5246, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JOD to VUV Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 167.0563, compared to 167.5005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4442 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.4820 VUV (High: 167.7178 / Low: 166.2357). On the other end, April was the most stable month, with a tight range of 0.0236 VUV (High: 167.7414 / Low: 167.7178).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.1864 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 167.7176) against the same month in 2022 (average: 166.8309), the exchange rate shifted by +0.8867 (+0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 166.4232 | 166.2826 | 166.3945 |
| February | 166.3998 | 166.2592 | 166.3830 |
| March | 167.7178 | 166.2357 | 166.4189 |
| April | 167.7414 | 167.7178 | 167.7225 |
| May | 167.7414 | 167.6942 | 167.7033 |
| June | 167.7414 | 167.6942 | 167.7154 |
| July | 167.8124 | 167.4499 | 167.7176 |
| August | 167.7338 | 167.6154 | 167.6849 |
| September | 167.6864 | 167.2612 | 167.5336 |
| October | 167.4027 | 167.2848 | 167.3471 |
| November | 167.3791 | 167.2848 | 167.3720 |
| December | 167.3791 | 167.3083 | 167.3479 |