YEARLY HIGH
0.0006 JOD
YEARLY LOW
0.0005 JOD
YEARLY AVERAGE
0.0005 JOD

2023 KRW to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0006. Conversely, the yearly low was recorded on October 3, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0005, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0006 was down 2.92% compared to the 2022 peak of 0.0006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,902 JOD
2022 Average 2,753 JOD
Yearly Trough Low 2,608 JOD
Transaction Impact: A difference of 294.00 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0006
0.0005
JanuMarcMayJulySeptNove

KRW 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 0.0005, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0005
H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0000 JOD (High: 0.0006 / Low: 0.0005). On the other end, October was the most stable month, with a tight range of 0.0000 JOD (High: 0.0005 / Low: 0.0005).

February Spread (Volatile) ±0.0000
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0006) against the same month in 2022 (average: 0.0006), the exchange rate shifted by -0.0000 (-6.29%).

2023 Avg (February) 0.0006
2022 Avg (February) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0006 0.0006
February 0.0006 0.0005 0.0006
March 0.0006 0.0005 0.0005
April 0.0005 0.0005 0.0005
May 0.0005 0.0005 0.0005
June 0.0006 0.0005 0.0005
July 0.0006 0.0005 0.0006
August 0.0005 0.0005 0.0005
September 0.0005 0.0005 0.0005
October 0.0005 0.0005 0.0005
November 0.0006 0.0005 0.0005
December 0.0006 0.0005 0.0005