YEARLY HIGH
167.8124 VUV
YEARLY LOW
166.2357 VUV
YEARLY AVERAGE
167.2784 VUV

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 839,062 VUV
2022 Average 824,192 VUV
Yearly Trough Low 831,179 VUV
Transaction Impact: A difference of 7,883.35 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

167.8565
166.2491
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 167.0563
H2 Avg (Jul–Dec) 167.5005

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±1.4820
April Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1864

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 167.7176
2022 Avg (July) 166.8309

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