2023 JOD to YER Historical Review

YEARLY HIGH

353.7075 YER

YEARLY LOW

352.1284 YER

YEARLY AVERAGE

352.9486 YER

2023 JOD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 353.7075. Conversely, the yearly low was recorded on December 25, dropping to 352.1284.

This high-to-low spread represents a total annual volatility of 1.5791 YER. From a start-to-finish perspective, comparing the January average rate of 352.8596 to the December average rate of 352.7158, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 353.7075 was up 0.16% compared to the 2022 peak of 353.1381, 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 1,768,538 YER

2022 Average 1,764,712 YER

Yearly Trough Low 1,760,642 YER

Transaction Impact: A difference of 7,895.47 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

353.6228

352.6333

JanuMarcMayJulySeptNove

JOD to YER 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 352.8530, compared to 353.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1911 points.

H1 Avg (Jan–Jun) 352.8530

H2 Avg (Jul–Dec) 353.0441

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.0025 YER (High: 353.7075 / Low: 352.7051). On the other end, April was the most stable month, with a tight range of 0.1409 YER (High: 352.9743 / Low: 352.8335).

September Spread (Volatile) ±1.0025

April Spread (Stable) ±0.1409

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 0.3982 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 353.2663) against the same month in 2022 (average: 353.0055), the exchange rate shifted by +0.2608 (+0.07%).

2023 Avg (September) 353.2663

2022 Avg (September) 353.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	353.0241	352.5848	352.8596
February	352.9744	352.5865	352.8531
March	352.9039	352.4855	352.7887
April	352.9743	352.8335	352.8938
May	352.9536	352.7630	352.8404
June	352.9536	352.7837	352.8824
July	353.5517	352.7393	352.9642
August	353.7017	353.3211	353.5404
September	353.7075	352.7051	353.2663
October	353.0739	352.6987	352.8682
November	353.0241	352.7195	352.9097
December	352.9889	352.1284	352.7158