2023 NPR to JOD Historical Review

YEARLY HIGH

0.0055 JOD

YEARLY LOW

0.0053 JOD

YEARLY AVERAGE

0.0054 JOD

2023 NPR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0055. Conversely, the yearly low was recorded on December 28, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0002 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0053, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0055 was down 8.46% compared to the 2022 peak of 0.0060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27 JOD

2022 Average 28 JOD

Yearly Trough Low 27 JOD

Transaction Impact: A difference of 0.94 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0054

0.0053

JanuMarcMayJulySeptNove

NPR 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 0.0054, compared to 0.0053 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) 0.0054

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 JOD (High: 0.0055 / Low: 0.0054). On the other end, October was the most stable month, with a tight range of 0.0000 JOD (High: 0.0054 / Low: 0.0053).

January Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0054) against the same month in 2022 (average: 0.0058), the exchange rate shifted by -0.0004 (-6.90%).

2023 Avg (April) 0.0054

2022 Avg (April) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0054	0.0054
February	0.0054	0.0053	0.0054
March	0.0054	0.0054	0.0054
April	0.0055	0.0054	0.0054
May	0.0054	0.0054	0.0054
June	0.0054	0.0054	0.0054
July	0.0054	0.0054	0.0054
August	0.0054	0.0053	0.0053
September	0.0054	0.0053	0.0053
October	0.0054	0.0053	0.0053
November	0.0054	0.0053	0.0053
December	0.0053	0.0053	0.0053