2023 PLN to JOD Historical Review

YEARLY HIGH

0.1824 JOD

YEARLY LOW

0.1584 JOD

YEARLY AVERAGE

0.1691 JOD

2023 PLN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1824. Conversely, the yearly low was recorded on February 22, dropping to 0.1584.

This high-to-low spread represents a total annual volatility of 0.0240 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1637 to the December average rate of 0.1789, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1824 was up 1.27% compared to the 2022 peak of 0.1801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 3,649 JOD

2022 Average 3,193 JOD

Yearly Trough Low 3,168 JOD

Transaction Impact: A difference of 480.33 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1808

0.1582

JanuMarcMayJulySeptNove

PLN 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 0.1659, compared to 0.1723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1659

H2 Avg (Jul–Dec) 0.1723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0127 JOD (High: 0.1808 / Low: 0.1680). On the other end, May was the most stable month, with a tight range of 0.0049 JOD (High: 0.1724 / Low: 0.1675).

November Spread (Volatile) ±0.0127

May Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0088 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1789) against the same month in 2022 (average: 0.1605), the exchange rate shifted by +0.0183 (+11.42%).

2023 Avg (December) 0.1789

2022 Avg (December) 0.1605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1715	0.1594	0.1637
February	0.1661	0.1584	0.1601
March	0.1654	0.1595	0.1619
April	0.1710	0.1639	0.1677
May	0.1724	0.1675	0.1698
June	0.1758	0.1689	0.1725
July	0.1796	0.1723	0.1765
August	0.1760	0.1708	0.1732
September	0.1708	0.1609	0.1645
October	0.1697	0.1604	0.1662
November	0.1808	0.1680	0.1744
December	0.1824	0.1761	0.1789