YEARLY HIGH
32191.8061 STD
YEARLY LOW
31391.6596 STD
YEARLY AVERAGE
31854.7351 STD

2023 JOD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 32191.8061. Conversely, the yearly low was recorded on September 27, dropping to 31391.6596.

This high-to-low spread represents a total annual volatility of 800.1464 STD. From a start-to-finish perspective, comparing the January average rate of 32172.6332 to the December average rate of 31407.9323, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32191.8061 was down 3.53% compared to the 2022 peak of 33368.5472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,959,030 STD
2022 Average 156,342,385 STD
Yearly Trough Low 156,958,298 STD
Transaction Impact: A difference of 4,000,732.24 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32251.2388
31331.1134
JanuMarcMayJulySeptNove

JOD to STD 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 32171.8019, compared to 31537.6682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 634.1337 points.

H1 Avg (Jan–Jun) 32171.8019
H2 Avg (Jul–Dec) 31537.6682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 764.7257 STD (High: 32191.8061 / Low: 31427.0804). On the other end, April was the most stable month, with a tight range of 4.5360 STD (High: 32178.1905 / Low: 32173.6545).

July Spread (Volatile) ±764.7257
April Spread (Stable) ±4.5360

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 July and August, when the average rate fell by 612.6835 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -612.6835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 32083.8671) against the same month in 2022 (average: 31422.2459), the exchange rate shifted by +661.6211 (+2.11%).

2023 Avg (July) 32083.8671
2022 Avg (July) 31422.2459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32178.1905 32150.9938 32172.6332
February 32173.6545 32146.4655 32170.4175
March 32173.6545 32141.9385 32169.1224
April 32178.1905 32173.6545 32174.5617
May 32178.1905 32169.1198 32170.8752
June 32178.1905 32169.1198 32173.2013
July 32191.8061 31427.0804 32083.8671
August 31480.3617 31458.1392 31471.1836
September 31471.4689 31391.6596 31442.7758
October 31418.2177 31396.0829 31407.7905
November 31413.7882 31396.0829 31412.4600
December 31413.7882 31400.5073 31407.9323