YEARLY HIGH
0.0055 JOD
YEARLY LOW
0.0047 JOD
YEARLY AVERAGE
0.0051 JOD

2023 JPY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0055. Conversely, the yearly low was recorded on November 13, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0049, the exchange rate registered a net change of -9.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0055 was down 11.07% compared to the 2022 peak of 0.0062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 2,773 JOD
2022 Average 2,715 JOD
Yearly Trough Low 2,339 JOD
Transaction Impact: A difference of 434.37 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0055
0.0047
JanuMarcMayJulySeptNove

JPY to JOD 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 0.0053, compared to 0.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0053
H2 Avg (Jul–Dec) 0.0049

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 JOD (High: 0.0055 / Low: 0.0052). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0048 / Low: 0.0047).

February Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0055) against the same month in 2022 (average: 0.0062), the exchange rate shifted by -0.0007 (-11.72%).

2023 Avg (January) 0.0055
2022 Avg (January) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0053 0.0055
February 0.0055 0.0052 0.0053
March 0.0054 0.0052 0.0053
April 0.0054 0.0052 0.0053
May 0.0053 0.0050 0.0052
June 0.0051 0.0049 0.0050
July 0.0051 0.0049 0.0050
August 0.0050 0.0048 0.0049
September 0.0048 0.0047 0.0048
October 0.0048 0.0047 0.0047
November 0.0048 0.0047 0.0047
December 0.0050 0.0048 0.0049