2023 LBP to JOD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LBP to JOD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LBP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0005. Conversely, the yearly low was recorded on February 6, dropping to 0.0000.
This high-to-low spread represents a total annual volatility of 0.0004 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0005 to the December average rate of 0.0000, the exchange rate registered a net change of -89.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 0.0005 was down 3.24% compared to the 2022 peak of 0.0005, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LBP to JOD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0001, compared to 0.0000 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.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.0004 JOD (High: 0.0005 / Low: 0.0000). On the other end, December was the most stable month, with a tight range of 0.0000 JOD (High: 0.0000 / Low: 0.0000).
Growth Streaks & Declines
TrendsBetween August and November, 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 January and February, when the average rate fell by 0.0003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 0.0005) against the same month in 2022 (average: 0.0005), the exchange rate shifted by -0.0000 (-0.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0005 | 0.0005 | 0.0005 |
| February | 0.0005 | 0.0000 | 0.0001 |
| March | 0.0000 | 0.0000 | 0.0000 |
| April | 0.0000 | 0.0000 | 0.0000 |
| May | 0.0000 | 0.0000 | 0.0000 |
| June | 0.0000 | 0.0000 | 0.0000 |
| July | 0.0000 | 0.0000 | 0.0000 |
| August | 0.0000 | 0.0000 | 0.0000 |
| September | 0.0000 | 0.0000 | 0.0000 |
| October | 0.0000 | 0.0000 | 0.0000 |
| November | 0.0000 | 0.0000 | 0.0000 |
| December | 0.0000 | 0.0000 | 0.0000 |