2023 RSD to JOD Historical Review

YEARLY HIGH

0.0068 JOD

YEARLY LOW

0.0063 JOD

YEARLY AVERAGE

0.0065 JOD

2023 RSD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0068. Conversely, the yearly low was recorded on October 3, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0066, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0068 was down 1.49% compared to the 2022 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 JOD

2022 Average 32 JOD

Yearly Trough Low 32 JOD

Transaction Impact: A difference of 2.35 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067

0.0064

JanuMarcMayJulySeptNove

RSD 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 0.0065, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 JOD (High: 0.0067 / Low: 0.0064). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0065 / Low: 0.0063).

February Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

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 August and September, 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 (July 2023: 0.0067) against the same month in 2022 (average: 0.0062), the exchange rate shifted by +0.0005 (+8.61%).

2023 Avg (July) 0.0067

2022 Avg (July) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0064	0.0065
February	0.0067	0.0064	0.0065
March	0.0066	0.0064	0.0065
April	0.0067	0.0066	0.0066
May	0.0067	0.0065	0.0066
June	0.0066	0.0065	0.0066
July	0.0068	0.0066	0.0067
August	0.0066	0.0065	0.0066
September	0.0065	0.0064	0.0065
October	0.0065	0.0063	0.0064
November	0.0067	0.0064	0.0065
December	0.0067	0.0065	0.0066