2023 SRD to JOD Historical Review

YEARLY HIGH

0.0225 JOD

YEARLY LOW

0.0183 JOD

YEARLY AVERAGE

0.0195 JOD

2023 SRD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0225. Conversely, the yearly low was recorded on September 4, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0041 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0190, the exchange rate registered a net change of -14.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0225 was down 35.64% compared to the 2022 peak of 0.0349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112 JOD

2022 Average 150 JOD

Yearly Trough Low 92 JOD

Transaction Impact: A difference of 20.65 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0227

0.0181

JanuMarcMayJulySeptNove

SRD 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 0.0203, compared to 0.0187 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) 0.0203

H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 JOD (High: 0.0212 / Low: 0.0197). On the other end, November was the most stable month, with a tight range of 0.0002 JOD (High: 0.0188 / Low: 0.0186).

March Spread (Volatile) ±0.0015

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0223) against the same month in 2022 (average: 0.0335), the exchange rate shifted by -0.0112 (-33.47%).

2023 Avg (January) 0.0223

2022 Avg (January) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0225	0.0219	0.0223
February	0.0222	0.0209	0.0216
March	0.0212	0.0197	0.0205
April	0.0198	0.0190	0.0193
May	0.0191	0.0187	0.0190
June	0.0190	0.0185	0.0188
July	0.0192	0.0183	0.0187
August	0.0185	0.0184	0.0185
September	0.0186	0.0183	0.0185
October	0.0187	0.0185	0.0186
November	0.0188	0.0186	0.0187
December	0.0193	0.0187	0.0190