2023 SAR to JOD Historical Review

YEARLY HIGH

0.1897 JOD

YEARLY LOW

0.1886 JOD

YEARLY AVERAGE

0.1890 JOD

2023 SAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1897. Conversely, the yearly low was recorded on January 1, dropping to 0.1886.

This high-to-low spread represents a total annual volatility of 0.0011 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1889 to the December average rate of 0.1891, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1897 was up 0.18% compared to the 2022 peak of 0.1894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 949 JOD

2022 Average 944 JOD

Yearly Trough Low 943 JOD

Transaction Impact: A difference of 5.66 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1892

0.1887

JanuMarcMayJulySeptNove

SAR 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 0.1891, compared to 0.1890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1891

H2 Avg (Jul–Dec) 0.1890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0007 JOD (High: 0.1893 / Low: 0.1886). On the other end, June was the most stable month, with a tight range of 0.0001 JOD (High: 0.1892 / Low: 0.1891).

December Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1892) against the same month in 2022 (average: 0.1887), the exchange rate shifted by +0.0005 (+0.26%).

2023 Avg (November) 0.1892

2022 Avg (November) 0.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1891	0.1886	0.1889
February	0.1894	0.1890	0.1891
March	0.1892	0.1888	0.1890
April	0.1892	0.1890	0.1891
May	0.1892	0.1891	0.1892
June	0.1892	0.1891	0.1892
July	0.1892	0.1888	0.1891
August	0.1889	0.1886	0.1887
September	0.1893	0.1888	0.1889
October	0.1895	0.1891	0.1891
November	0.1897	0.1891	0.1892
December	0.1893	0.1886	0.1891