2023 UAH to JOD Historical Review

YEARLY HIGH

0.0198 JOD

YEARLY LOW

0.0185 JOD

YEARLY AVERAGE

0.0193 JOD

2023 UAH to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0198. Conversely, the yearly low was recorded on December 28, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0012 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0191, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0198 was down 23.90% compared to the 2022 peak of 0.0260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99 JOD

2022 Average 110 JOD

Yearly Trough Low 93 JOD

Transaction Impact: A difference of 6.15 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0197

0.0190

JanuMarcMayJulySeptNove

UAH 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 0.0193, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0009 JOD (High: 0.0194 / Low: 0.0185). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0193 / Low: 0.0191).

December Spread (Volatile) ±0.0009

September Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0196) against the same month in 2022 (average: 0.0192), the exchange rate shifted by +0.0004 (+2.05%).

2023 Avg (November) 0.0196

2022 Avg (November) 0.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0194	0.0192	0.0193
February	0.0194	0.0190	0.0193
March	0.0195	0.0192	0.0193
April	0.0195	0.0192	0.0193
May	0.0193	0.0192	0.0192
June	0.0193	0.0191	0.0192
July	0.0194	0.0192	0.0192
August	0.0193	0.0191	0.0192
September	0.0193	0.0191	0.0192
October	0.0196	0.0192	0.0194
November	0.0198	0.0195	0.0196
December	0.0194	0.0185	0.0191