YEARLY HIGH
0.0107 JOD
YEARLY LOW
0.0070 JOD
YEARLY AVERAGE
0.0084 JOD

2023 RUB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0107. Conversely, the yearly low was recorded on October 8, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0037 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0078, the exchange rate registered a net change of -23.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0107 was down 20.42% compared to the 2022 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 JOD
2022 Average 53 JOD
Yearly Trough Low 35 JOD
Transaction Impact: A difference of 18.60 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0104
0.0070
JanuMarcMayJulySeptNove

RUB 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 0.0092, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 JOD (High: 0.0107 / Low: 0.0096). On the other end, September was the most stable month, with a tight range of 0.0003 JOD (High: 0.0075 / Low: 0.0072).

January Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0101) against the same month in 2022 (average: 0.0093), the exchange rate shifted by +0.0009 (+9.52%).

2023 Avg (January) 0.0101
2022 Avg (January) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0096 0.0101
February 0.0101 0.0093 0.0097
March 0.0095 0.0092 0.0093
April 0.0092 0.0086 0.0088
May 0.0093 0.0087 0.0090
June 0.0088 0.0080 0.0085
July 0.0081 0.0077 0.0078
August 0.0077 0.0071 0.0074
September 0.0075 0.0072 0.0073
October 0.0076 0.0070 0.0073
November 0.0080 0.0076 0.0078
December 0.0080 0.0076 0.0078