2023 LKR to JOD Historical Review

YEARLY HIGH

0.0024 JOD

YEARLY LOW

0.0019 JOD

YEARLY AVERAGE

0.0022 JOD

2023 LKR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0024. Conversely, the yearly low was recorded on February 5, dropping to 0.0019.

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 0.0019 to the December average rate of 0.0022, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was down 30.72% compared to the 2022 peak of 0.0035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 JOD

2022 Average 12 JOD

Yearly Trough Low 10 JOD

Transaction Impact: A difference of 2.59 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0024

0.0019

JanuMarcMayJulySeptNove

LKR 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 0.0021, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021

H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 JOD (High: 0.0022 / Low: 0.0019). On the other end, November was the most stable month, with a tight range of 0.0000 JOD (High: 0.0022 / Low: 0.0022).

March Spread (Volatile) ±0.0003

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0023) against the same month in 2022 (average: 0.0020), the exchange rate shifted by +0.0004 (+18.95%).

2023 Avg (June) 0.0023

2022 Avg (June) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0019	0.0019	0.0019
February	0.0020	0.0019	0.0019
March	0.0022	0.0019	0.0021
April	0.0022	0.0021	0.0022
May	0.0024	0.0022	0.0023
June	0.0024	0.0022	0.0023
July	0.0023	0.0021	0.0022
August	0.0022	0.0022	0.0022
September	0.0022	0.0022	0.0022
October	0.0022	0.0022	0.0022
November	0.0022	0.0022	0.0022
December	0.0022	0.0022	0.0022