2023 SBD to JOD Historical Review

YEARLY HIGH

0.0866 JOD

YEARLY LOW

0.0835 JOD

YEARLY AVERAGE

0.0850 JOD

2023 SBD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0866. Conversely, the yearly low was recorded on October 25, dropping to 0.0835.

This high-to-low spread represents a total annual volatility of 0.0031 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0858 to the December average rate of 0.0839, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0866 was down 2.39% compared to the 2022 peak of 0.0887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 JOD

2022 Average 436 JOD

Yearly Trough Low 417 JOD

Transaction Impact: A difference of 15.57 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0864

0.0836

JanuMarcMayJulySeptNove

SBD 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 0.0857, compared to 0.0843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0857

H2 Avg (Jul–Dec) 0.0843

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0016 JOD (High: 0.0852 / Low: 0.0835). On the other end, August was the most stable month, with a tight range of 0.0003 JOD (High: 0.0848 / Low: 0.0844).

July Spread (Volatile) ±0.0016

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0862) against the same month in 2022 (average: 0.0881), the exchange rate shifted by -0.0019 (-2.16%).

2023 Avg (March) 0.0862

2022 Avg (March) 0.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0864	0.0855	0.0858
February	0.0865	0.0858	0.0862
March	0.0866	0.0858	0.0862
April	0.0862	0.0851	0.0855
May	0.0855	0.0851	0.0852
June	0.0853	0.0849	0.0851
July	0.0852	0.0835	0.0848
August	0.0848	0.0844	0.0846
September	0.0848	0.0838	0.0844
October	0.0846	0.0835	0.0841
November	0.0847	0.0835	0.0841
December	0.0843	0.0836	0.0839