2023 TJS to JOD Historical Review

YEARLY HIGH

0.0709 JOD

YEARLY LOW

0.0643 JOD

YEARLY AVERAGE

0.0657 JOD

2023 TJS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0709. Conversely, the yearly low was recorded on August 13, dropping to 0.0643.

This high-to-low spread represents a total annual volatility of 0.0066 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0693 to the December average rate of 0.0649, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0709 was down 3.11% compared to the 2022 peak of 0.0731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 354 JOD

2022 Average 326 JOD

Yearly Trough Low 322 JOD

Transaction Impact: A difference of 32.78 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0698

0.0640

JanuMarcMayJulySeptNove

TJS 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 0.0667, compared to 0.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0667

H2 Avg (Jul–Dec) 0.0647

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0060 JOD (High: 0.0708 / Low: 0.0648). On the other end, May was the most stable month, with a tight range of 0.0003 JOD (High: 0.0651 / Low: 0.0648).

March Spread (Volatile) ±0.0060

May Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0683) against the same month in 2022 (average: 0.0628), the exchange rate shifted by +0.0055 (+8.76%).

2023 Avg (February) 0.0683

2022 Avg (February) 0.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0701	0.0689	0.0693
February	0.0709	0.0660	0.0683
March	0.0708	0.0648	0.0673
April	0.0658	0.0648	0.0650
May	0.0651	0.0648	0.0650
June	0.0654	0.0647	0.0650
July	0.0655	0.0646	0.0649
August	0.0650	0.0643	0.0645
September	0.0648	0.0644	0.0645
October	0.0649	0.0645	0.0647
November	0.0653	0.0646	0.0649
December	0.0651	0.0646	0.0649