YEARLY HIGH
0.0422 JOD
YEARLY LOW
0.0359 JOD
YEARLY AVERAGE
0.0385 JOD

2023 LSL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0422. Conversely, the yearly low was recorded on June 1, dropping to 0.0359.

This high-to-low spread represents a total annual volatility of 0.0063 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0380, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0422 was down 13.64% compared to the 2022 peak of 0.0488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 JOD
2022 Average 218 JOD
Yearly Trough Low 179 JOD
Transaction Impact: A difference of 31.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0419
0.0368
JanuMarcMayJulySeptNove

LSL 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 0.0390, compared to 0.0379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0390
H2 Avg (Jul–Dec) 0.0379

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0032 JOD (High: 0.0390 / Low: 0.0359). On the other end, September was the most stable month, with a tight range of 0.0010 JOD (High: 0.0379 / Low: 0.0368).

June Spread (Volatile) ±0.0032
September Spread (Stable) ±0.0010

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 April and May, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0415) against the same month in 2022 (average: 0.0458), the exchange rate shifted by -0.0043 (-9.44%).

2023 Avg (January) 0.0415
2022 Avg (January) 0.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0422 0.0407 0.0415
February 0.0415 0.0385 0.0396
March 0.0398 0.0381 0.0388
April 0.0400 0.0385 0.0391
May 0.0388 0.0359 0.0373
June 0.0390 0.0359 0.0379
July 0.0403 0.0374 0.0389
August 0.0393 0.0363 0.0377
September 0.0379 0.0368 0.0374
October 0.0377 0.0365 0.0372
November 0.0390 0.0362 0.0381
December 0.0388 0.0371 0.0380