YEARLY HIGH
0.0084 JOD
YEARLY LOW
0.0079 JOD
YEARLY AVERAGE
0.0081 JOD

2023 KGS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0084. Conversely, the yearly low was recorded on December 12, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0080, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0084 was down 5.45% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 JOD
2022 Average 42 JOD
Yearly Trough Low 40 JOD
Transaction Impact: A difference of 2.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0083
0.0079
JanuMarcMayJulySeptNove

KGS 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 0.0081, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0081
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 JOD (High: 0.0084 / Low: 0.0082). On the other end, March was the most stable month, with a tight range of 0.0000 JOD (High: 0.0081 / Low: 0.0081).

January Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0083) against the same month in 2022 (average: 0.0084), the exchange rate shifted by -0.0001 (-0.86%).

2023 Avg (January) 0.0083
2022 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0082 0.0083
February 0.0082 0.0081 0.0082
March 0.0081 0.0081 0.0081
April 0.0081 0.0081 0.0081
May 0.0081 0.0081 0.0081
June 0.0081 0.0081 0.0081
July 0.0081 0.0081 0.0081
August 0.0081 0.0080 0.0080
September 0.0080 0.0080 0.0080
October 0.0080 0.0079 0.0080
November 0.0080 0.0079 0.0080
December 0.0080 0.0079 0.0080