2023 SVC to JOD Historical Review

YEARLY HIGH

0.0823 JOD

YEARLY LOW

0.0803 JOD

YEARLY AVERAGE

0.0811 JOD

2023 SVC to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0823. Conversely, the yearly low was recorded on February 5, dropping to 0.0803.

This high-to-low spread represents a total annual volatility of 0.0020 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0810, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0823 was up 0.29% compared to the 2022 peak of 0.0820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 411 JOD

2022 Average 405 JOD

Yearly Trough Low 402 JOD

Transaction Impact: A difference of 9.77 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0812

0.0809

JanuMarcMayJulySeptNove

SVC 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 0.0811, compared to 0.0811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0811

H2 Avg (Jul–Dec) 0.0811

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0013 JOD (High: 0.0823 / Low: 0.0810). On the other end, January was the most stable month, with a tight range of 0.0004 JOD (High: 0.0813 / Low: 0.0810).

March Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0004

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0812) against the same month in 2022 (average: 0.0810), the exchange rate shifted by +0.0002 (+0.23%).

2023 Avg (March) 0.0812

2022 Avg (March) 0.0810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0813	0.0810	0.0811
February	0.0816	0.0803	0.0811
March	0.0823	0.0810	0.0812
April	0.0822	0.0810	0.0812
May	0.0813	0.0809	0.0811
June	0.0816	0.0808	0.0811
July	0.0818	0.0809	0.0811
August	0.0815	0.0806	0.0809
September	0.0813	0.0808	0.0810
October	0.0815	0.0809	0.0811
November	0.0817	0.0810	0.0812
December	0.0811	0.0806	0.0810