2023 MDL to JOD Historical Review

YEARLY HIGH

0.0410 JOD

YEARLY LOW

0.0369 JOD

YEARLY AVERAGE

0.0392 JOD

2023 MDL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0410. Conversely, the yearly low was recorded on January 8, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0041 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0403, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0410 was up 2.69% compared to the 2022 peak of 0.0399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 205 JOD

2022 Average 188 JOD

Yearly Trough Low 184 JOD

Transaction Impact: A difference of 20.67 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0406

0.0371

JanuMarcMayJulySeptNove

MDL 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 0.0387, compared to 0.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0387

H2 Avg (Jul–Dec) 0.0397

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0023 JOD (High: 0.0410 / Low: 0.0387). On the other end, October was the most stable month, with a tight range of 0.0006 JOD (High: 0.0394 / Low: 0.0388).

July Spread (Volatile) ±0.0023

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0403) against the same month in 2022 (average: 0.0367), the exchange rate shifted by +0.0036 (+9.79%).

2023 Avg (December) 0.0403

2022 Avg (December) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0369	0.0374
February	0.0381	0.0375	0.0378
March	0.0388	0.0376	0.0381
April	0.0397	0.0388	0.0393
May	0.0402	0.0396	0.0399
June	0.0400	0.0388	0.0396
July	0.0410	0.0387	0.0396
August	0.0404	0.0397	0.0400
September	0.0398	0.0388	0.0394
October	0.0394	0.0388	0.0391
November	0.0401	0.0392	0.0397
December	0.0410	0.0396	0.0403