2023 SCR to JOD Historical Review

YEARLY HIGH

0.0557 JOD

YEARLY LOW

0.0500 JOD

YEARLY AVERAGE

0.0528 JOD

2023 SCR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0557. Conversely, the yearly low was recorded on July 21, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0057 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0524 to the December average rate of 0.0528, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0557 was down 0.54% compared to the 2022 peak of 0.0560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279 JOD

2022 Average 262 JOD

Yearly Trough Low 250 JOD

Transaction Impact: A difference of 28.35 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0542

0.0516

JanuMarcMayJulySeptNove

SCR 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 0.0524, compared to 0.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0524

H2 Avg (Jul–Dec) 0.0532

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0048 JOD (High: 0.0550 / Low: 0.0501). On the other end, August was the most stable month, with a tight range of 0.0021 JOD (High: 0.0539 / Low: 0.0518).

January Spread (Volatile) ±0.0048

August Spread (Stable) ±0.0021

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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0539) against the same month in 2022 (average: 0.0529), the exchange rate shifted by +0.0010 (+1.98%).

2023 Avg (September) 0.0539

2022 Avg (September) 0.0529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0550	0.0501	0.0524
February	0.0545	0.0501	0.0524
March	0.0545	0.0504	0.0527
April	0.0549	0.0505	0.0525
May	0.0540	0.0504	0.0526
June	0.0541	0.0501	0.0518
July	0.0545	0.0500	0.0531
August	0.0539	0.0518	0.0529
September	0.0557	0.0520	0.0539
October	0.0557	0.0513	0.0533
November	0.0544	0.0517	0.0531
December	0.0550	0.0507	0.0528