2023 MVR to JOD Historical Review

YEARLY HIGH

0.0465 JOD

YEARLY LOW

0.0458 JOD

YEARLY AVERAGE

0.0461 JOD

2023 MVR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0465. Conversely, the yearly low was recorded on September 11, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0007 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0461 to the December average rate of 0.0461, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0465 was up 0.16% compared to the 2022 peak of 0.0464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 JOD

2022 Average 230 JOD

Yearly Trough Low 229 JOD

Transaction Impact: A difference of 3.55 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0463

0.0459

JanuMarcMayJulySeptNove

MVR 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 0.0462, compared to 0.0461 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) 0.0462

H2 Avg (Jul–Dec) 0.0461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 JOD (High: 0.0465 / Low: 0.0459). On the other end, February was the most stable month, with a tight range of 0.0001 JOD (High: 0.0462 / Low: 0.0462).

November Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0462) against the same month in 2022 (average: 0.0460), the exchange rate shifted by +0.0001 (+0.29%).

2023 Avg (November) 0.0462

2022 Avg (November) 0.0460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0463	0.0460	0.0461
February	0.0462	0.0462	0.0462
March	0.0462	0.0460	0.0461
April	0.0462	0.0460	0.0462
May	0.0464	0.0462	0.0462
June	0.0464	0.0462	0.0462
July	0.0463	0.0460	0.0461
August	0.0462	0.0460	0.0461
September	0.0461	0.0458	0.0460
October	0.0462	0.0460	0.0461
November	0.0465	0.0459	0.0462
December	0.0462	0.0461	0.0461