YEARLY HIGH
0.0005 JOD
YEARLY LOW
0.0000 JOD
YEARLY AVERAGE
0.0001 JOD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2 JOD
2022 Average 2 JOD
Yearly Trough Low 0 JOD
Transaction Impact: A difference of 2.12 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0005
0.0000
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 0.0001
H2 Avg (Jul–Dec) 0.0000

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 0.0005
2022 Avg (January) 0.0005

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